SEC Form 4 · accession 0001127602-15-026306
BRIGGS & STRATTON CORP · BGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Reitman
Officer — SVP & Mng Dir-Eur & Glob Serv
Period of report
Aug 28, 2015
Accepted (ET)
Sep 1, 2015 · 12:05 pm EDT
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 | Aug 28, 2015 | M | 10,650 | $19.877 | A | 66,864 | D | |
| Common StockF2 | Aug 28, 2015 | S | 2,650 | $19.995 | D | 64,214 | D | |
| Common StockF3 | Aug 28, 2015 | S | 8,000 | $19.99 | D | 56,214 | D | |
| Common Stock | holding | — | — | — | 2,785 | 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 | Aug 28, 2015 | M | 10,650 | D | Aug 17, 2013 | Aug 31, 2015 | Common Stock | 10,650 | 40,161 | 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 $19.99 to $20.00. The price reported above reflects the weighted average sale price of $19.995. 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.
- F3This transaction was executed in multiple trades at prices ranging from $19.99 to $20.00. The price reported above reflects the weighted average sale price of $19.990. 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.