SEC Form 4 · accession 0001437749-18-006237
Diversified Restaurant Holdings, Inc. · SAUC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Gregory Burke
Officer — President and CEO · Director
Period of report
Mar 30, 2018
Accepted (ET)
Apr 3, 2018 · 4:22 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,F2 | Mar 30, 2018 | A | 63,200 | $0.00 | A | 319,858 | D | |
| Common Stock | holding | — | — | — | 42,201 | I | IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Of the 63,200 shares being awarded, 13,200 shall vest immediately, while the remaining 50,000 shares shall be subject to three-year cliff vesting, such that 100% of these 50,000 shares shall vest on the third anniversary of the date of grant.
- F2Includes 2,462 shares acquired under the DRH employee stock purchase plan.