SEC Form 4 · accession 0001474903-18-000053
BGSF, INC. · BGSF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan Hollenbach
Officer — CFO and Secretary
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 4:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001474903
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 per share par valueF1 | Aug 22, 2018 | M | 16,153 | $11.07 | A | 44,000 | D | |
| Common Stock, $0.01 per share par valueF1 | Aug 22, 2018 | F | 6,153 | $29.06 | D | 37,847 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $11.07 | Aug 22, 2018 | M | 8,033 | D | Oct 27, 2015 | Oct 27, 2025 | Common Stock, $0.01 per share par value | 8,033 | 0 | D |
| Stock OptionsF2 | $11.07 | Aug 22, 2018 | M | 8,120 | D | Oct 27, 2016 | Oct 27, 2025 | Common Stock, $0.01 per share par value | 8,120 | 0 | D |
Explanation of responses
- F1Reflects 6,153 shares withheld by the Issuer at the market price of $29.06 per share less an exercise price of $11.07 per share to fund the cashless exercise of 16,153 options.
- F2Stock options to purchase shares pursuant to the BG Staffing, Inc. 2013 Long-Term Incentive Plan.