SEC Form 4 · accession 0001609989-16-000074
Blue Buffalo Pet Products, Inc. · BUFF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Schmidt
Officer — Chief Executive Officer · Director
Period of report
Jul 5, 2016
Accepted (ET)
Jul 6, 2016 · 3:14 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 | Jul 5, 2016 | M | 150,000 | $5.60 | A | 203,571 | D | |
| Common StockF1 | Jul 5, 2016 | S | 150,000 | $21.285 | D | 53,571 | 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)F2 | $5.60 | Jul 5, 2016 | M | 150,000 | D | — | Dec 18, 2022 | Common Stock | 150,000 | 2,569,717 | D |
Explanation of responses
- F1This amount represents the $22.00 public offering price per share of common stock of the Issuer, less the underwriting discount of $0.715 per share.
- F2Reflects an initial grant with respect to 3,012,382 shares that vests in five equal annual installments beginning on December 18, 2013.