SEC Form 4 · accession 0001127602-16-053923
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
May 26, 2016
Accepted (ET)
May 31, 2016 · 3:25 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 | May 26, 2016 | M | 30,000 | $18.85 | A | 329,413 | D | |
| Common StockF1 | May 26, 2016 | S | 30,000 | $22.089 | 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) | $18.85 | May 26, 2016 | M | 30,000 | D | Aug 14, 2015 | Aug 31, 2017 | Common Stock | 30,000 | 156,340 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $21.95 to $22.40. 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.