SEC Form 4 · accession 0001209191-15-027680
BLACKHAWK NETWORK HOLDINGS, INC · HAWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Durant
Officer — Secretary and General Counsel
Period of report
Mar 16, 2015
Accepted (ET)
Mar 18, 2015 · 9:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001411488
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock | Mar 16, 2015 | M | 9,000 | $18.49 | A | 15,487 | D | |
| Class B Common Stock | Mar 16, 2015 | D | 4,946 | $33.65 | D | 10,541 | D | |
| Class B Common Stock | Mar 16, 2015 | F | 1,523 | $33.65 | D | 9,018 | D | |
| Class B Common Stock | Mar 17, 2015 | M | 3,800 | $13.63 | A | 12,818 | D | |
| Class B Common Stock | Mar 17, 2015 | F | 2,516 | $33.18 | D | 10,302 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1 | $18.49 | Mar 16, 2015 | M | 9,000 | D | — | May 14, 2019 | Class B Common Stock | 9,000 | 9,000 | D |
| Stock Option (Right to Buy)F2 | $13.63 | Mar 17, 2015 | M | 3,800 | D | — | Mar 9, 2017 | Class B Common Stock | 3,800 | 0 | D |
Explanation of responses
- F1The stock appreciation rights (SAR) vest pursuant to the following schedule: Twenty Percent (20%) of the shares subject to the SAR vest on each of the first, second, third, fourth and fifth anniversary of March 14, 2012, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
- F2The shares vest pursuant to the following schedule: Twenty Percent (20%) of the shares subject to the option vest on each of the first, second, third, fourth and fifth anniversary of March 9, 2010, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.