SEC Form 4 · accession 0001192482-15-000423
Bojangles', Inc. · BOJA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth E Avery
Officer — Sr. Vice President & COO
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 2:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001630132
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 17, 2015 | X | 300 | $2.03 | A | 300 | D | |
| Common Stock | Nov 17, 2015 | S | 300 | $17.50 | D | 0 | D | |
| Common StockF2 | Nov 18, 2015 | X | 9,700 | $2.03 | A | 9,700 | D | |
| Common StockF3 | Nov 18, 2015 | S | 9,700 | $17.22 | 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)F1,F4 | $2.03 | Nov 17, 2015 | X | 300 | D | — | Apr 16, 2022 | Common Stock | 300 | 107,411 | D |
| Stock Option (right to buy)F2,F4 | $2.03 | Nov 18, 2015 | X | 9,700 | D | — | Apr 16, 2022 | Common Stock | 9,700 | 97,711 | D |
Explanation of responses
- F1On November 17, 2015, the reporting person exercised options to purchase 300 shares of Common Stock for $2.03 per share.
- F2On November 18, 2015, the reporting person exercised options to purchase 9,700 shares of Common Stock fro $2.03 per share
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $17.15 to $17.32, inclusive. The reporting person undertakes to provide Bojangles', Inc., any security holder of Bojangles', Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shres sold at each separate price within the range set forth in footnote 3 to this Form 4.
- F4The options were granted on 4/17/2012 and vested as follows: 25% on the one year anniversary of 8/18/2011 and 6.25% each quarter thereafter until 8/18/2015 as the final vesting date.