SEC Form 4 · accession 0001437749-15-021156
Ignite Restaurant Group, Inc. · IRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Stephen Merritt
Officer — CEO · Director
Period of report
Nov 17, 2015
Accepted (ET)
Nov 18, 2015 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001526796
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 17, 2015 | A | 92,500 | $0.00 | A | 120,557 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF2 | $3.41 | Nov 17, 2015 | A | 156,250 | A | — | Nov 17, 2025 | Common Stock | 156,250 | 156,250 | D |
Explanation of responses
- F1The shares being reported result from the award of restricted shares pursuant to the Ignite Restaurant Group, Inc. 2012 Omnibus Incentive Plan, as amended, and will vest in four equal installments on each of November 17, 2016, 2017, 2018 and 2019.
- F2The Stock Appreciation Rights will vest in four equal installments on each of November 17, 2016, 2017, 2018 and 2019.