SEC Form 4 · accession 0001209191-15-020602
PANERA BREAD CO · PNRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald M Shaich
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 9:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000724606
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 26, 2015 | A | 3,940 | $0.00 | A | 103,162 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $161.54 | Feb 26, 2015 | A | 13,790 | A | — | Feb 26, 2021 | Class A Common Stock | 13,790 | 13,790 | D |
Explanation of responses
- F1Represents a grant of restricted shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), under the Company's 2006 Stock Incentive Plan (the "Plan"). These shares vest on the third anniversary of the date of the grant.
- F2Represents a grant of a stock settled appreciation right ("SSAR") that the Reporting Person elected to receive under a Choice Award. The shares were issued pursuant to the Plan. This SSAR vests as to 100% of the shares underlying the SSAR on the third anniversary of the date of grant.