SEC Form 4 · accession 0000930413-18-000614
ARK RESTAURANTS CORP · ARKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Lawrence Weinstein
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 11:14 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000779544
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 23, 2018 | S | 400 | $25.2593 | D | 945,728 | I | The Weinstein Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 400 shares were sold by The Weinstein Foundation, a private foundation for which Mr. Weinstein acts as trustee and has shared investment and voting power. As a result, The Weinstein Foundation owns 4,700 shares included in the above table.
- F2Includes a 50% interest (113,500 shares) held by Mr. Weinstein in a limited liability company account maintained by his adult children; however, does not include 21,375 shares issuable to Michael Weinstein pursuant to stock options all of which options are currently exercisable.