SEC Form 4 · accession 0001192482-16-000604
Bojangles', Inc. · BOJA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric McGrew Newman
Officer — Exec. VP, Secy & Gnl Csl.
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 5:19 pm EDT
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 Stock | Jun 1, 2016 | M | 3,200 | $2.03 | A | 3,200 | D | |
| Common Stock | Jun 1, 2016 | S | 3,200 | $17.70 | D | 0 | D | |
| Common Stock | Jun 1, 2016 | M | 7,500 | $2.03 | A | 7,500 | D | |
| Common Stock | Jun 1, 2016 | S | 7,500 | $17.65 | D | 0 | D | |
| Common Stock | Jun 3, 2016 | M | 6,500 | $2.03 | A | 6,500 | D | |
| Common Stock | Jun 3, 2016 | S | 6,500 | $17.70 | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 11,818 | I | See Footnote |
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 | $2.03 | Jun 1, 2016 | M | 10,700 | D | — | Apr 17, 2022 | Common Stock | 10,700 | 137,919 | D |
| Stock Option (right to buy)F3 | $2.03 | Jun 3, 2016 | M | 6,500 | D | — | Apr 17, 2022 | Common Stock | 6,500 | 131,419 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The securities are held of record by Silver Sun Properties, LLC. Eric M. Newman is the manager and majority equity-holder of Silver Sun Properties, LLC and accordingly has beneficial ownership of the shares held directly by Silver Sun Properties, LLC.
- F3The time based stock options vested as follows: 25% on the one year anniversary of 8/18/2011 (8/18/12) and 6.25% each quarter thereafter with 8/18/15 as the final vesting date.