SEC Form 4 · accession 0001127602-15-010035
BRIGGS & STRATTON CORP · BGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd J Teske
Officer — Chairman, President & CEO · Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000014195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2015 | M | 13,343 | $19.877 | A | 299,179 | D | |
| Common StockF2 | Mar 2, 2015 | S | 13,343 | $20.911 | D | 285,836 | D | |
| Common Stock | Mar 3, 2015 | M | 220 | $19.877 | A | 286,056 | D | |
| Common Stock | Mar 3, 2015 | S | 220 | $20.87 | D | 285,836 | D | |
| Common Stock | holding | — | — | — | 2,505 | I | By 401(k) |
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) | $19.877 | Mar 2, 2015 | M | 13,343 | D | Aug 17, 2013 | Aug 31, 2015 | Common Stock | 13,343 | 126,817 | D |
| Stock Option (Right to Buy) | $19.877 | Mar 3, 2015 | M | 220 | D | Aug 17, 2013 | Aug 31, 2015 | Common Stock | 220 | 126,597 | D |
Explanation of responses
- F1A portion of the option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 plan.
- F2This transaction was executed in multiple trades at prices ranging from $20.87 to $21.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.