SEC Form 4 · accession 0001209191-15-077317
BLACKHAWK NETWORK HOLDINGS, INC · HAWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joan B Lockie
Officer — Chief Accounting Officer
Period of report
Oct 27, 2015
Accepted (ET)
Oct 29, 2015 · 6:56 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 27, 2015 | M | 8,000 | $21.031 | A | 9,916 | D | |
| Common Stock | Oct 27, 2015 | S | 8,000 | $41.50 | D | 1,916 | D | |
| Common Stock | Oct 27, 2015 | M | 2,850 | $26.73 | A | 4,766 | D | |
| Common Stock | Oct 27, 2015 | S | 2,850 | $41.50 | D | 1,916 | D | |
| Common StockF1 | Oct 27, 2015 | S | 334 | $41.50 | D | 1,582 | 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 | $21.031 | Oct 27, 2015 | M | 8,000 | D | — | Aug 23, 2018 | Common Stock | 8,000 | 2,000 | D |
| Stock Option (Right to Buy)F3 | $26.73 | Oct 27, 2015 | M | 2,850 | D | — | Mar 12, 2021 | Common Stock | 2,850 | 8,550 | D |
Explanation of responses
- F1Includes 334 shares acquired under the Blackhawk Network Holdings, Inc. 2013 Employee Stock Purchase Plan ("ESPP") on April 30, 2015. The ESPP shares were acquired in transactions exempt from Section 16(b).
- 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 14, 2011, 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-Five Percent (25%) of the shares subject to the option vest on each of the first, second, third, and fourth anniversary of March 12, 2014, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.