SEC Form 4 · accession 0001209191-17-030307
BLACKHAWK NETWORK HOLDINGS, INC · HAWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirsten E Richesson
Officer — General Counsel and Secretary
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 4:16 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 | May 3, 2017 | M | 1,500 | $21.031 | A | 26,136 | D | |
| Common Stock | May 3, 2017 | M | 8,750 | $20.00 | A | 34,886 | D | |
| Common Stock | May 3, 2017 | M | 5,225 | $26.73 | A | 40,111 | D | |
| Common Stock | May 3, 2017 | S | 15,475 | $41.00 | D | 24,636 | D | |
| Common Stock | May 3, 2017 | M | 6,000 | $18.491 | A | 30,636 | D | |
| Common Stock | May 3, 2017 | F | 2,663 | $41.00 | D | 27,973 | D | |
| Common Stock | May 3, 2017 | S | 3,337 | $41.00 | D | 24,636 | D | |
| Common Stock | May 3, 2017 | S | 2,967 | $41.00 | D | 21,669 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $21.031 | May 3, 2017 | M | 1,500 | D | — | Oct 18, 2018 | Common Stock | 1,500 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $20.00 | May 3, 2017 | M | 8,750 | D | — | Mar 26, 2020 | Common Stock | 8,750 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $26.73 | May 3, 2017 | M | 5,225 | D | — | Mar 12, 2021 | Common Stock | 5,225 | 2,612 | D |
| Stock Appreciation RightsF4 | $18.491 | May 3, 2017 | M | 6,000 | D | — | May 14, 2019 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1The 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 October 18, 2011, 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-Five Percent (25%) of the shares subject to the option vest on each of the first, second, third, and fourth anniversary of March 26, 2013, 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.
- 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.