SEC Form 4 · accession 0001437749-16-042193
Diversified Restaurant Holdings, Inc. · SAUC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phyllis A Knight
Officer — CFO/Treasurer
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001394156
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 11, 2016 | P | 100,000 | $0.892 | A | 133,333 | D |
Table II — derivative securities
No Table II lines on this filing.
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 $0.87 to $0.90, inclusive. The reporting person undertakes to provide to Diversified Restaurant Holdings, Inc., any security holder of Diversified Restaurant Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the preceding sentence.