SEC Form 4 · accession 0000921895-15-000585
NATHANS FAMOUS, INC. · NATH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne Norbitz
Officer — President · Director
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 2:07 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 6, 2015 | M | 11,250 | $17.75 | A | 60,323 | D | |
| Common StockF2 | Mar 6, 2015 | F | 5,914 | $73.21 | D | 54,409 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 Stock Incentive Plan (Right to Buy)F3 | $17.75 | Mar 6, 2015 | M | 11,250 | D | — | Jun 5, 2016 | Common Stock | 11,250 | 3,750 | D |
Explanation of responses
- F1These shares were acquired through the exercise of stock options granted on June 6, 2011 pursuant to the Issuer's 2010 Stock Incentive Plan.
- F2Transaction represents withholding of shares based on a net exercise to satisfy tax withholding obligation and exercise cost.
- F3Options vested 25% on each of the first through fourth anniversaries of June 6, 2011, the grant date.