SEC Form 4 · accession 0001209191-18-034654
El Pollo Loco Holdings, Inc. · LOCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard Acoca
Officer — President and CEO
Period of report
May 9, 2018
Accepted (ET)
Jun 1, 2018 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606366
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1 | May 9, 2018 | A | 96,156 | $0.00 | A | 96,156 | D | |
| Performance Share UnitsF2 | May 9, 2018 | A | 72,116 | $0.00 | A | 72,116 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionsF3 | $10.40 | May 9, 2018 | A | 120,752 | A | — | May 9, 2028 | Common Stock | 120,752 | 120,752 | D |
Explanation of responses
- F1Consists of Restricted Share Units granted as an inducement award outside of any equity incentive plan, which will vest in four equal installments on each of the first four anniversaries of the grant date.
- F2Consists of Performance Share Units granted as an inducement award outside of any equity incentive plan, which will vest based on the achievement of certain per-share common stock prices, either as reflected on the NASDAQ over twenty consecutive trading days or in connection with a change in control.
- F3Consists of a nonqualified stock option granted as an inducement award outside of any equity incentive plan, which will vest in four equal installments on each of the first four anniversaries of the grant date.