SEC Form 4 · accession 0001209191-18-010654
BLACKHAWK NETWORK HOLDINGS, INC · HAWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Scott Brown
Officer — SVP, International
Period of report
Feb 13, 2018
Accepted (ET)
Feb 16, 2018 · 9:47 am 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,F2 | Feb 13, 2018 | M | 1,338 | $0.00 | A | 2,805 | D | |
| Common StockF4 | Feb 13, 2018 | F | 546 | $44.80 | D | 2,259 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F5,F6 | $0.00 | Feb 13, 2018 | M | 1,338 | D | — | — | Common Stock | 1,338 | 4,012 | D |
Explanation of responses
- F1Reflects shares of common stock acquired as a result of a partial vesting of a restricted stock unit.
- F2Includes 202 shares acquired October 31, 2017 under the Blackhawk Network Holdings, Inc. 2013 Employee Stock Purchase Plan.
- F3Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock.
- F4Represents the closing price of the common stock on the date of forfeiture.
- F5Twenty-Five Percent (25%) of the shares comprising the RSU vest on each of the first, second, third, and fourth anniversary of February 13, 2017, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date, of which 1,338 vested on February 13, 2018.
- F6The RSU terminates upon earlier of (i) the vesting of all shares of common stock comprising such RSU, or (ii) the termination of the employment or service relationship of the Reporting Person with the Issuer.