SEC Form 4 · accession 0001592379-17-000078
Papa Murphy's Holdings, Inc. · FRSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Weldon W. Spangler
Officer — President and CEO · Director
Period of report
Oct 3, 2017
Accepted (ET)
Oct 5, 2017 · 6:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001592379
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $5.81 | Oct 3, 2017 | A | 166,667 | A | — | Oct 3, 2027 | Common Stock | 166,667 | 166,667 | D |
| Stock Options (right to buy)F2 | $5.81 | Oct 3, 2017 | A | 83,333 | A | — | Oct 3, 2027 | Common Stock | 83,333 | 250,000 | D |
Explanation of responses
- F1Stock Option granted under the 2010 Management Incentive Plan and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.
- F2Stock Option granted under the 2010 Management Incentive Plan and becomes exercisable on the first trading day upon which the volume-weighted average closing price per share of the Issuer's common stock for the preceding consecutive 90 trading days equals or exceeds $14.50 per share.