SEC Form 4 · accession 0001394156-18-000059
Diversified Restaurant Holdings, Inc. · SAUC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Nowicki
Director
Period of report
Jul 28, 2016
Accepted (ET)
Jul 25, 2018 · 5:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001394156
Table I — non-derivative securities
No Table I lines on this filing.
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 stock -- -- Right to Buy '16F1 | $2.50 | Jul 28, 2016 | D | 30,000 | D | — | Jul 31, 2016 | Common Stock | 30,000 | 0 | D |
| Option to purchase common stock -- -- Right to Buy '19F1 | $2.50 | Jul 28, 2016 | A | 30,000 | A | — | Jul 31, 2019 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option with the grant of a replacement option. The option was originally granted on July 31, 2010 and provided for vesting in three equal installments commencing on July, 31, 2011.