SEC Form 4 · accession 0001179110-16-025928
B&G Foods, Inc. · BGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Sherrill
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 2:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001278027
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2016 | A | 2,296 | $0.00 | A | 153,192 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $43.54 | Jun 1, 2016 | A | 13,753 | A | Jun 1, 2017 | Jun 1, 2026 | Common Stock | 13,753 | 13,753 | D |
Explanation of responses
- F1Each non-employee director of B&G Foods receives an annual equity grant of approximately $100,000 of Common Stock as part of his or her non-employee director compensation.
- F2Each non-employee director of B&G Foods at his or her option may choose to receive the cash portion of his or her annual board service fee (or any portion thereof) in an equivalent amount of options instead of cash, provided that such election is made by continuing directors not later than December 31st of the calendar year prior to the payment of such annual board service fee. Mr. Sherrill elected to receive $100,000 of such $155,000 annual board service fee in the form of options.
Remarks
Exhibit List: Exhibit 24.1 Power of Attorney