SEC Form 4 · accession 0001104659-15-068852
Fairway Group Holdings Corp · FWMHQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Glickberg
Director
Period of report
Sep 30, 2015
Accepted (ET)
Oct 2, 2015 · 1:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001555492
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.00001 per shareF1 | Oct 1, 2015 | M | 50,133 | $0.00 | A | 336,423 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units for Class A Common StockF2,F3,F4 | — | Sep 30, 2015 | A | 89,285 | A | — | — | Class A Common Stock, par value $0.00001 per share | 89,285 | 89,285 | D |
| Restricted Stock Units for Class A Common StockF5,F6,F7 | — | Oct 1, 2015 | M | 50,133 | D | — | — | Class A Common Stock, par value $0.00001 per share | 50,133 | 0 | D |
Explanation of responses
- F150,133 shares of Class A Common Stock were issued on October 1, 2015 pursuant to and in settlement of Restricted Stock Units ("RSUs") owned by the reporting person.
- F2Pursuant to the Separation Agreement dated December 8, 2014 between the reporting person and the Issuer, the Restricted Stock Units were issued to the reporting person under the Issuer's 2013 Long-Term Incentive Plan in payment of a portion of his severance for the period from July 1, 2015 to September 30, 2015, based on the closing price of the common stock on September 30, 2015.
- F3Each RSU represents a contingent right to receive one share of Class A Common Stock.
- F4All RSUs are vested, but the shares issued in settlement thereof shall be issued on September 30, 2016.
- F5Consists of RSUs granted under the Issuer's 2013 Long-Term Incentive Plan on September 30, 2014 in payment of a portion of Mr. Glickberg's salary for the calendar quarter ended September 30, 2014.
- F6Each RSU represented a contingent right to receive one share of Class A Common Stock.
- F7The 50,133 RSUs were vested upon being issued on September 30, 2014, but Class A common stock was not to be issued in settlement of the RSUs until September 30, 2015.