SEC Form 4 · accession 0001209191-15-046953
BLACKHAWK NETWORK HOLDINGS, INC · HAWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Y Tauscher
Officer — Chief Executive Officer · Director
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 9:28 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 | May 21, 2015 | M | 76,759 | $13.631 | A | 77,492 | D | |
| Class B Common StockF1 | May 21, 2015 | S | 76,759 | $37.6317 | D | 733 | 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 | $13.631 | May 21, 2015 | M | 76,759 | D | — | Mar 9, 2017 | Class B Common Stock | 76,759 | 298,241 | D |
Explanation of responses
- F1Transaction executed in multiple trades at prices ranging from $37.52 to $37.70 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.