SEC Form 4 · accession 0001437749-18-006232
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
Mar 30, 2018
Accepted (ET)
Apr 3, 2018 · 4:15 pm EDT
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 | Mar 30, 2018 | A | 42,066 | $0.00 | A | 257,066 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Of the 42,066 shares being awarded, 9,066 shall vest immediately, while the remaining 33,000 shares shall be subject to three-year cliff vesting, such that 100% of these 33,000 shares shall vest on the third anniversary of the date of grant.