SEC Form 4 · accession 0001127602-16-038045
BRIGGS & STRATTON CORP · BGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Reitman
Officer — SVP & Pres. - Global Service
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 4:59 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 | Jan 25, 2016 | M | 600 | $16.203 | A | 59,814 | D | |
| Common Stock | Jan 25, 2016 | S | 600 | $19.47 | D | 59,214 | D | |
| Common Stock | Jan 26, 2016 | M | 5,507 | $16.203 | A | 64,721 | D | |
| Common StockF2 | Jan 26, 2016 | S | 5,507 | $19.472 | D | 59,214 | 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) | $16.203 | Jan 25, 2016 | M | 600 | D | Aug 16, 2014 | Aug 31, 2016 | Common Stock | 600 | 16,820 | D |
| Stock Option (Right to Buy) | $16.203 | Jan 26, 2016 | M | 5,507 | D | Aug 16, 2014 | Aug 31, 2016 | Common Stock | 5,507 | 11,313 | 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 $19.47 to $19.4727. The price reported above reflects the weighted average sale price of $19.472. 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.