SEC Form 4 · accession 0001209191-16-144136
Fabrinet · FN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David T. Mitchell
Officer — CEO & Chairman · Director
Period of report
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408710
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF2 | Oct 3, 2016 | M | 75,000 | $16.83 | A | 615,715 | I | By Trust |
| Ordinary SharesF4,F2 | Oct 3, 2016 | S | 69,900 | $43.988 | D | 545,812 | I | By Trust |
| Ordinary SharesF5,F2 | Oct 3, 2016 | S | 5,100 | $44.602 | D | 540,715 | I | By Trust |
| Ordinary SharesF6 | holding | — | — | — | 75,680 | I | By 1st Son's Trust | |
| Ordinary SharesF6 | holding | — | — | — | 75,680 | I | By 2nd Son's Trust | |
| Ordinary SharesF6 | holding | — | — | — | 75,681 | I | By 3rd Son's Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F7 | $16.83 | Oct 3, 2016 | M | 75,000 | D | — | Oct 13, 2017 | Ordinary Shares | 75,000 | 0 | D |
Explanation of responses
- F1Exercised shares issued to trust.
- F2Shares are held by the David T. Mitchell Separate Property Trust, of which the Reporting Person is the sole trustee.
- F3The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2016.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $43.27 to $44.20 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F5This sale price represents the weighted average sale price of the shares sold ranging from $44.31 to $44.835 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F6Shares are held in trusts for the benefit of each of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F7The shares subject to the option are fully vested and exercisable.