SEC Form 4 · accession 0000016099-16-000079
LUBYS INC · LUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K Scott Gray
Officer — SVP & Chief Financial Officer
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000016099
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2 | $4.26 | Nov 30, 2016 | A | 49,406 | A | Nov 30, 2019 | Nov 30, 2026 | Common Stock | 49,406 | 49,406 | D |
| Restricted Stock UnitF3,F4 | — | Nov 30, 2016 | A | 20,540 | A | — | — | Common Stock | 20,540 | 20,540 | D |
Explanation of responses
- F1These employee stock options were granted on November 30, 2016, and will become fully vested on November 30, 2019.
- F2These stock options vest as follows: 50% on the first anniversary of the grant date, 25% on the second anniversary of the grant date and 25% on the third anniversary of the grant date.
- F3Each restricted stock unit represents a conditional right to receive one share of the Company's Common Stock.
- F4The restricted stock units vest on November 30, 2019 or as subject to the terms of the Award Agreement.