SEC Form 4 · accession 0000921895-15-000566
NATHANS FAMOUS, INC. · NATH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randy Watts
Officer — VP - Franchise Operations
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 3:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000069733
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 5, 2015 | M | 7,500 | $13.08 | A | 13,524 | D | |
| Common StockF2 | Mar 5, 2015 | F | 3,313 | $74.00 | D | 10,211 | D | |
| Common StockF3 | Mar 5, 2015 | M | 3,750 | $17.75 | A | 24,061 | D | |
| Common StockF2 | Mar 5, 2015 | F | 1,947 | $74.00 | D | 12,179 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2002 Stock Option Plan (Right to Buy)F4 | $13.08 | Mar 5, 2015 | M | 7,500 | D | — | Jun 13, 2016 | Common Stock | 7,500 | 0 | D |
| 2010 Stock Incentive Plan (Right to Buy)F5 | $17.75 | Mar 5, 2015 | M | 3,750 | D | — | Jun 5, 2016 | Common Stock | 3,750 | 1,250 | D |
Explanation of responses
- F1These shares were acquired through the exercise of stock options granted on June 14, 2006 pursuant to the Issuer's 2002 Stock Incentive Plan.
- F2Transaction represents withholding of shares based on a net exercise to satisfy tax withholding obligation and exercise cost.
- F3These shares were acquired through the exercise of stock options granted on June 6, 2011 pursuant to the Issuer's 2010 Stock Incentive Plan.
- F4Options vested 20% on each of the first through fifth anniversaries of June 14, 2006, the grant date.
- F5Options vested 25% on each of the first through fourth anniversaries of June 6, 2011, the grant date.