SEC Form 4 · accession 0001127602-15-028974
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
Oct 8, 2015
Accepted (ET)
Oct 13, 2015 · 9:00 am 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 | Oct 8, 2015 | M | 49,213 | $16.203 | A | 348,626 | D | |
| Common StockF2 | Oct 8, 2015 | S | 49,213 | $21.03 | D | 299,413 | 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) | $16.203 | Oct 8, 2015 | M | 49,213 | D | Aug 16, 2014 | Aug 31, 2016 | Common Stock | 49,213 | 56,001 | 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 $21.00 to $21.14. 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.