SEC Form 4 · accession 0001209191-16-118810
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
May 9, 2016
Accepted (ET)
May 10, 2016 · 4:37 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 StockF2 | May 9, 2016 | S | 17,500 | $215.09 | D | 69,448 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 8, 2016, pursuant to which an aggregate of 40,000 shares of Class A Common Stock may be sold.
- F2The price reported is the weighted average price of the shares sold. The shares were sold in multiple transactions at varying prices in the range of $215.00 to $215.35, inclusive. The reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.