SEC Form 4 · accession 0001209191-16-118164
DUNKIN' BRANDS GROUP, INC. · DNKN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul E Twohig
Officer — President, DD US & CAN
Period of report
May 4, 2016
Accepted (ET)
May 6, 2016 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357204
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 4, 2016 | M | 6,569 | $7.31 | A | 20,992 | D | |
| Common Stock | May 4, 2016 | M | 15,000 | $25.18 | A | 35,992 | D | |
| Common StockF1 | May 4, 2016 | S | 21,569 | $46.85 | D | 14,423 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF2 | $7.31 | May 4, 2016 | M | 1,971 | D | — | Mar 9, 2021 | Common Stock | 1,971 | 0 | D |
| Option to Purchase Common StockF3 | $7.31 | May 4, 2016 | M | 4,598 | D | — | Mar 9, 2021 | Common Stock | 4,598 | 0 | D |
| Option to Purchase Common StockF4 | $25.18 | May 4, 2016 | M | 15,000 | D | — | Dec 12, 2021 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.52 to $47.08 inclusive. The reporting person undertakes to provide Dunkin' Brands Group, Inc., any security holder of Dunkin' Brands Group, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- F2On 03/09/2011, the reporting person was granted an option to purchase 9,851 shares of Common Stock. The option vests based upon time criteria (five equal annual installments that began on 03/09/2012).
- F3On 03/09/2011, the reporting person was granted an option to purchase 22,985 shares of Common Stock. The option vests based upon time (five equal annual installments that began on 03/09/2012) and performance criteria.
- F4One 12/12/2011, the reporting person was granted an option to purchase 60,000 shares of common stock. The options vests in four equal annual installments that began on 12/12/2012.