SEC Form 4 · accession 0001209191-15-012264
FARMER BROTHERS CO · FARM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry C Fischetto
Officer — SR. VP OF OPERATIONS
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 7:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000034563
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 par valueF1 | Feb 9, 2015 | A | 2,844 | $0.00 | A | 2,844 | 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 | $23.44 | Feb 9, 2015 | A | 13,123 | A | — | Feb 9, 2022 | Common Stock | 13,123 | 13,123 | D |
Explanation of responses
- F1Grant of restricted stock under the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan ("Plan"), granted on February 9, 2015; 100% of the total shares vest on February 9, 2018, subject to acceleration provisions of the Plan and restricted stock agreement.
- F2Grant of non-qualified stock option under the Plan; the stock option vests pursuant to a three year vesting schedule, whereby one-third of the total number of shares issuable under the option becomes exercisable each year on the anniversary of the grant date, commencing on February 9, 2016, subject to acceleration provisions of the Plan and stock option agreement.