SEC Form 4 · accession 0001209191-15-028616
BLACKHAWK NETWORK HOLDINGS, INC · HAWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher C Crum
Officer — SVP, Sales
Period of report
Mar 19, 2015
Accepted (ET)
Mar 23, 2015 · 7:28 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 19, 2015 | M | 1,900 | $13.63 | A | 3,900 | D | |
| Class B Common StockF1 | Mar 19, 2015 | S | 1,900 | $33.54 | D | 2,000 | D | |
| Class B Common Stock | Mar 19, 2015 | M | 3,000 | $21.03 | A | 5,000 | D | |
| Class B Common StockF1 | Mar 19, 2015 | S | 3,000 | $33.54 | D | 2,000 | D | |
| Class B Common Stock | Mar 19, 2015 | M | 4,500 | $18.49 | A | 6,500 | D | |
| Class B Common Stock | Mar 19, 2015 | S | 2,020 | $33.56 | D | 4,480 | D | |
| Class B Common Stock | Mar 19, 2015 | F | 2,480 | $33.56 | D | 2,000 | D |
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)F2 | $13.63 | Mar 19, 2015 | M | 1,900 | D | — | Mar 9, 2017 | Class B Common Stock | 1,900 | 0 | D |
| Stock Option (Right to Buy)F3 | $21.03 | Mar 19, 2015 | M | 3,000 | D | — | Oct 18, 2018 | Class B Common Stock | 3,000 | 3,000 | D |
| Stock Appreciation RightF4 | $18.49 | Mar 19, 2015 | M | 4,500 | D | — | May 14, 2019 | Class B Common Stock | 4,500 | 9,000 | D |
Explanation of responses
- F1Transaction executed in multiple trades at prices ranging from $33.5401 to $33.55 per share, inclusive. The price reported in column 4 of Table I above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- 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.
- F3The 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 14, 2011, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
- F4The 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.