SEC Form 4 · accession 0001140361-15-037568
Diamond Foods Inc · DMND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J Driscoll
Officer — President & CEO · Director
Period of report
Oct 7, 2015
Accepted (ET)
Oct 13, 2015 · 9:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001320947
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 7, 2015 | M | 6,255 | $0.00 | A | 164,528 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | $0.00 | Oct 7, 2015 | M | 6,255 | D | — | — | Common Stock | 6,255 | 18,762 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Oct 8, 2015 | A | 22,842 | A | — | — | Common Stock | 22,842 | 41,604 | D |
Explanation of responses
- F1Release and settlement of restricted stock units to the Reporting Person on October 7, 2014, the grant of which was previously reported on a Form 4 by the Reporting Person.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F3The restricted stock units shall vest as to 25% of the total number of shares in four annual installments commencing on October 8, 2016. Vested shares will be delivered to the reporting person within 30 days following vesting.