SEC Form 4 · accession 0001209191-15-065676
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
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 7:14 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 | Aug 10, 2015 | F | 36 | $202.14 | D | 3,676 | D | |
| Class A Common Stock | Aug 10, 2015 | M | 319 | $99.30 | A | 3,995 | D | |
| Class A Common Stock | Aug 10, 2015 | D | 157 | $202.14 | D | 3,838 | D | |
| Class A Common Stock | Aug 11, 2015 | F | 53 | $201.66 | D | 3,785 | D | |
| Class A Common Stock | Aug 11, 2015 | S | 250 | $199.49 | D | 3,535 | 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 RightF3 | $99.30 | Aug 10, 2015 | M | 319 | D | — | Aug 10, 2017 | Class A Common Stock | 319 | 107 | 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 sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 13, 2015.
- F3The 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.