SEC Form 4 · accession 0000899243-17-021188
Blue Buffalo Pet Products, Inc. · BUFF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Nathenson
Officer — EVP, CFO and Treasurer
Period of report
Aug 28, 2017
Accepted (ET)
Aug 29, 2017 · 6:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001609989
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 28, 2017 | M | 50,000 | $5.60 | A | 50,000 | D | |
| Common StockF2 | Aug 28, 2017 | S | 50,000 | $25.77 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $5.60 | Aug 28, 2017 | M | 50,000 | D | — | Dec 18, 2022 | Common Stock | 50,000 | 589,542 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.64 to $26.10, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F3Reflects an initial option grant with respect to 803,300 shares that vests in five equal annual installments beginning on December 18, 2013.