SEC Form 4 · accession 0001209191-15-079918
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
Nov 11, 2015
Accepted (ET)
Nov 12, 2015 · 8:32 pm EST
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 StockF1 | Nov 11, 2015 | M | 50,000 | $13.631 | A | 57,339 | D | |
| Common StockF2 | Nov 11, 2015 | S | 50,000 | $45.3084 | D | 7,339 | D | |
| Common Stock | Nov 12, 2015 | M | 19,457 | $13.631 | A | 26,796 | D | |
| Common StockF3 | Nov 12, 2015 | S | 19,457 | $45.0207 | D | 7,339 | 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)F4 | $13.631 | Nov 11, 2015 | M | 50,000 | D | — | Mar 9, 2017 | Common Stock | 50,000 | 248,241 | D |
| Stock Option (Right to Buy)F4 | $13.631 | Nov 12, 2015 | M | 19,457 | D | — | Mar 9, 2017 | Common Stock | 19,457 | 228,784 | D |
Explanation of responses
- F1Includes 60 shares acquired under the Blackhawk Network Holdings, Inc. 2013 Employee Stock Purchase Plan on October 31, 2015.
- F2Transaction executed in multiple trades at prices ranging from $45.20 to $45.40 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.
- F3Transaction executed in multiple trades at prices ranging from $45.00 to $45.08 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.
- F4The 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.