SEC Form 4 · accession 0001214659-16-009328
Fresh Market, Inc. · TFM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela K Kohn
Officer — EVP-Chief Merchandising Ofcr.
Period of report
Feb 3, 2016
Accepted (ET)
Feb 5, 2016 · 5:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001489979
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchaseF1,F2 | $18.69 | Feb 3, 2016 | A | 21,156 | A | — | — | Common stock | 21,156 | 21,156 | D |
| Restricted stock unitsF3,F4 | — | Feb 3, 2016 | A | 8,025 | A | — | — | Common stock | 8,025 | 8,025 | D |
Explanation of responses
- F1The options vest in 25% increments on each of the first four anniversaries of the grant date, provided that the holder remains employed by The Fresh Market, Inc. or its affiliates through the relevant vesting date, subject to provisions for death, disability, retirement, and change of control.
- F2The options expire upon the earlier of (a) the tenth anniversary of the date of grant and (b) three months after the holder of the option terminates employment with The Fresh Market, Inc. or its affiliates, subject to provisions for termination for cause, death, disability, retirement, and change of control.
- F3Each restricted stock unit (RSU) represents the right to receive one share of common stock of The Fresh Market, Inc. on the vesting date, provided that the holder of the RSU remains employed by The Fresh Market, Inc. or its affiliates through the relevant vesting date, subject to provisions for death, disability, retirement, and change of control. RSUs include the right to have shares withheld to satisfy tax withholding obligations upon vesting.
- F4The RSUs vest in 25% increments on each of the first four anniversaries of the grant date.