SEC Form 4 · accession 0000033769-15-000075
BOB EVANS FARMS INC · BOBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas N Benham
Officer — Director · Director
Period of report
Sep 4, 2015
Accepted (ET)
Sep 8, 2015 · 2:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000033769
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock $.01 Par ValueF1,F2,F3 | Sep 4, 2015 | A | 21,000 | $45.11 | A | 29,057 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vested shares will be delivered to the reporting person at the time specified in the deferral plan after they terminate employment with the Company.
- F2Each restricted stock unit (RSU) represents a contingent right to receive one share of Bob Evans Farms, Inc. common stock. The RSUs vest (a) 45% on August 24, 2016, being at least 9,450 shares as may be increased by dividends reinvested in shares of the Company stock ("2016 Tranche"); (b) 55% on August 24, 2017, being at least 11,550 shares as may be increased by dividends reinvested in shares of the Company stock ("2017 Tranche"); subject, in each case, to Participant's/Executive's continued employment with the Company as Executive Chair through the applicable vesting date. Additional terms contained in award.
- F3Closing Price of stock on date of grant was $45.11.