SEC Form 4 · accession 0000921895-15-000614
NATHANS FAMOUS, INC. · NATH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Gatoff
Officer — Chief Executive Officer · Director
Period of report
Mar 11, 2015
Accepted (ET)
Mar 12, 2015 · 4:54 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 11, 2015 | M | 25,000 | $17.75 | A | 92,402 | D | |
| Common StockF2,F3 | Mar 11, 2015 | F | 13,862 | $72.94 | D | 78,540 | 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)F4 | $17.75 | Mar 11, 2015 | M | 25,000 | D | — | Jun 5, 2016 | Common Stock | 25,000 | 12,500 | 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.
- F3Includes 20,000 shares of unvested restricted stock.
- F4Options vested 25% on each of the first through fourth anniversaries of June 6, 2011, the grant date.