SEC Form 4/A · accession 0000921895-16-004406
NATHANS FAMOUS, INC. · NATH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Ronald G Devos
Officer — VP-Fin, CFO and Secy
Period of report
May 6, 2016
Accepted (ET)
May 10, 2016 · 4:02 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,F2 | May 6, 2016 | M | 4,734 | $11.72 | A | 17,842 | D | |
| Common StockF3 | May 6, 2016 | F | 3,033 | $45.79 | D | 14,809 | 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 | $11.72 | May 6, 2016 | M | 4,734 | D | — | Jun 5, 2016 | Common Stock | 4,734 | 4,734 | D |
Explanation of responses
- F1This Form 4 Amendment is being filed to correct a typographical error.
- F2These shares were acquired through the exercise of stock options granted on June 6, 2011 pursuant to the Issuer's 2010 Stock Incentive Plan.
- F3Transaction represents withholding of shares based on a net exercise to satisfy tax withholding obligation and exercise cost.
- F4These options to purchase shares replaced options to purchase 3,125 shares at an exercise price of $17.75, in connection with the special cash dividend of the Issuer and pursuant to Article IV(e) of the Issuer's 2010 Stock Incentive Plan, under which the Issuer's Compensation Committee has the authority to make appropriate provisions upon the Issuer's declaration of a special cash dividend. The original options vested 25% on each of the first through fourth anniversaries of June 6, 2011, the original grant date, and these replacement options have the same vesting terms and expiration date as the original grant.