SEC Form 4 · accession 0001209191-17-016095
PINNACLE FOODS INC. · PF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L. Schiller
Officer — EVP, Div. Pres - NA Retail
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 6:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564822
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 | Feb 28, 2017 | M | 28,000 | $20.00 | A | 88,421 | D | |
| Common Stock, par value $0.01F1 | Feb 28, 2017 | S | 28,000 | $57.2265 | D | 60,421 | D | |
| Common Stock, par value $0.01F1 | Feb 28, 2017 | S$0 | 10,421 | — | D | 50,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $20.00 | Feb 28, 2017 | M | 28,000 | A | — | Mar 27, 2023 | Common Stock, par value $0.01 | 28,000 | 97,310 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $57 to $57.67, inclusive. The reporting person undertakes to provide to Pinnacle Foods Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- F2The shares subject to the stock options vested over a three year period and became exercisable on March 27, 2016.