SEC Form 4 · accession 0001209191-15-067111
PANERA BREAD CO · PNRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan Kish
Officer — SVP, Food
Period of report
Aug 18, 2015
Accepted (ET)
Aug 20, 2015 · 4:52 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 18, 2015 | M | 115 | $75.80 | A | 2,970 | D | |
| Class A Common Stock | Aug 18, 2015 | D | 46 | $191.50 | D | 2,924 | D | |
| Class A Common Stock | Aug 18, 2015 | S | 145 | $192.35 | D | 2,779 | 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 RightF1 | $75.80 | Aug 18, 2015 | M | 115 | D | — | Aug 11, 2016 | Class A Common Stock | 115 | 0 | D |
Explanation of responses
- F1The 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.