SEC Form 4 · accession 0001209191-15-063379
PANERA BREAD CO · PNRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irene Cook
Officer — SVP, Company Operations
Period of report
Jul 30, 2015
Accepted (ET)
Aug 3, 2015 · 8:07 pm EDT
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 Stock | Jul 30, 2015 | F | 54 | $204.48 | D | 3,494 | D | |
| Class A Common Stock | Jul 30, 2015 | M | 69 | $166.19 | A | 3,563 | D | |
| Class A Common Stock | Jul 30, 2015 | D | 56 | $204.48 | D | 3,507 | 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 | $166.19 | Jul 30, 2015 | M | 69 | D | — | Jul 30, 2019 | Class A Common Stock | 69 | 244 | D |
Explanation of responses
- F1The exercise reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 13, 2015.
- F2The stock settled appreciation right ("SSAR") vests as to 25% of the original number of shares on the second anniversary of the date of grant and as to an additional 25% of the original number of shares on each successive anniversary following the second anniversary of the grant date until the fifth anniversary of the grant date.