SEC Form 4 · accession 0001144204-15-071523
Truett-Hurst, Inc. · THST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip L Hurst
Officer — President and CEO
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Dec 15, 2015 | M | 150,000 | $1.24 | A | 150,400 | I | By The Hurst Family Revocable Trust dated August 1, 2004 |
| Class A Common Stock | Dec 15, 2015 | S | 15,910 | $1.75 | D | 134,490 | I | By The Hurst Family Revocable Trust dated August 1, 2004 |
| Class A Common Stock | Dec 15, 2015 | S | 22,832 | $1.77 | D | 111,658 | I | By The Hurst Family Revocable Trust dated August 1, 2004 |
| Class A Common Stock | Dec 15, 2015 | S | 100 | $1.76 | D | 111,558 | I | By The Hurst Family Revocable Trust dated August 1, 2004 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LLC Units of HDD LLCF1 | — | Dec 15, 2015 | M | 150,000 | D | — | — | Class A Common Stock of Truett-Hurst, Inc | 150,000 | 894,114 | I |
Explanation of responses
- F1Pursuant to the terms of an exchange agreement, LLC Units of H.D.D. LLC are exchangeable for shares of Class A common stock of Truett-Hurst, Inc. on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications, or cash at the election of Truett-Hurst, Inc. The rights to convert LLC Units into Class A common stock do not have expiration dates.