SEC Form 4 · accession 0001437749-16-038661
KONA GRILL INC · KONA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Berke Bakay
Officer — President and CEO · Director · 10% Owner
Period of report
Sep 9, 2016
Accepted (ET)
Sep 13, 2016 · 8:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001265572
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 9, 2016 | M | 100,000 | $6.98 | A | 159,071 | D | |
| Common StockF1 | Sep 9, 2016 | F | 66,469 | $13.86 | D | 92,602 | D | |
| Common Stock | holding | — | — | — | 1,230,000 | I | By BBS Capital Fund, LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $6.98 | Sep 9, 2016 | M | 100,000 | D | — | Jan 29, 2017 | Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1Shares withheld by Kona Grill, Inc. to satisfy exercise price and withholding taxes.
- F2All options were exercisable at the transaction date.