SEC Form 4 · accession 0001127602-15-029406

LUBYS INC · LUB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Christopher James Pappas

Officer — President and CEO · Director · 10% Owner

Period of report

Oct 19, 2015

Accepted (ET)

Oct 21, 2015 · 3:42 pm EDT

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	D/I
Employee Stock Option (Right to Buy)^F10	$5.27	Oct 19, 2015	J	63,000	D	Dec 9, 2012	Dec 9, 2018	Common Stock	63,000	D
Employee Stock Option (Right to Buy)^F10	$5.39	Oct 19, 2015	J	17,551	D	Nov 18, 2014	Nov 18, 2020	Common Stock	17,551	D
Non Qualified Stock Option (Right to Buy)^F10,F9	$4.42	Oct 19, 2015	J	2,865	D	Nov 15, 2015	Nov 15, 2021	Common Stock	2,865	D
Employee Stock Option (Right to Buy)^F10,F9	$4.42	Oct 19, 2015	J	8,595	D	Nov 15, 2015	Nov 15, 2021	Common Stock	8,595	D
Non Qualified Stock Option (Right to Buy)^F10,F9	$5.95	Oct 19, 2015	J	811	D	Nov 15, 2016	Nov 15, 2022	Common Stock	811	D
Employee Stock Option (Right to Buy)^F10,F9	$5.95	Oct 19, 2015	J	16,339	D	Nov 15, 2016	Nov 15, 2022	Common Stock	16,339	D
Non Qualified Stock Option (Right to Buy)^F10,F9	$4.49	Oct 19, 2015	J	61,819	D	Jan 23, 2018	Jan 23, 2025	Common Stock	61,819	D
Employee Stock Option (Right to Buy)^F10,F9	$4.49	Oct 19, 2015	J	61,132	D	Jan 23, 2018	Jan 23, 2025	Common Stock	61,132	D

Explanation of responses

F1On October 19, 2015, Mr. Pappas agreed to surrender 63,000 options to purchase the Company's common stock with an exercise price of $5.27 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F10Exercise price of option to buy.
F2On October 19, 2015, Mr. Pappas agreed to surrender 17,551 options to purchase the Company's common stock with an exercise price of $5.39 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F3On October 19, 2015, Mr. Pappas agreed to surrender 2,865 options to purchase the Company's common stock with an exercise price of $4.42 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F4On October 19, 2015, Mr. Pappas agreed to surrender 8,595 options to purchase the Company's common stock with an exercise price of $4.42 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F5On October 19, 2015, Mr. Pappas agreed to surrender 811 options to purchase the Company's common stock with an exercise price of $5.95 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F6On October 19, 2015, Mr. Pappas agreed to surrender 16,339 options to purchase the Company's common stock with an exercise price of $5.95 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F7On October 19, 2015, Mr. Pappas agreed to surrender 61,819 options to purchase the Company's common stock with an exercise price of $4.49 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F8On October 19, 2015, Mr. Pappas agreed to surrender 61,132 options to purchase the Company's common stock with an exercise price of $4.49 per share (FMV on date of grant) back to the Company. Mr. Pappas received no consideration from the Company for the surrender.
F9These 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.