SEC Form 4 · accession 0001594879-17-000024
Zoe's Kitchen, Inc. · ZOES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Miles
Officer — Director, President and CEO · Director
Period of report
Feb 18, 2017
Accepted (ET)
Feb 22, 2017 · 7:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594879
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2017 | M | 3,951 | — | A | 67,589 | D | |
| Common StockF2 | Feb 21, 2017 | F | 1,224 | $22.83 | D | 66,365 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $23.26 | Feb 21, 2017 | A | 77,982 | A | — | Feb 21, 2027 | Common Stock | 77,982 | 77,982 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 21, 2017 | A | 9,136 | A | — | — | Common Stock | 9,136 | 9,136 | D |
| Restricted Stock UnitsF1,F5 | — | Feb 18, 2017 | M | 3,951 | D | — | — | Common Stock | 3,951 | 7,902 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") converts in to the right to receive one share of common stock upon payment of par value ($0.01) per share.
- F2Shares subject to withholding to satisfy tax obligation upon vesting of RSUs.
- F3These options were granted pursuant to the 2014 Omnibus Incentive Plan, and are exercisable in 25% cumulative annual increments beginning February 21, 2018.
- F4The RSUs vest in three equal annual installments beginning on February 21, 2018. Each RSU was granted on February 21, 2017 and was issued pursuant to the Company's 2014 Omnibus Incentive Plan.
- F5The RSUs vest in three equal annual installments beginning on February 18, 2017. Each RSU was granted on February 18, 2016 and was issued pursuant to the Company's 2014 Omnibus Incentive Plan. This Form 4 reflects the vesting of these RSUs on February 18, 2017 as to 33.33% of the original RSU grant amount.