SEC Form 4 · accession 0000905729-19-000049
SpartanNash Co · SPTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen M Mahoney
Officer — President MDV, CLO and Sec'y
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000877422
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2019 | F | 3,624 | $18.44 | D | 46,772 | D | |
| Common StockF2 | Mar 1, 2019 | A | 16,860 | $0.00 | A | 63,632 | D | |
| Common StockF3 | Mar 1, 2019 | A | 517 | $19.33 | A | 64,149 | D | |
| Common StockF3 | Mar 1, 2019 | A | 103 | $0.00 | A | 64,252 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were withheld by SpartanNash Company to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock, the grant of which was previously reported.
- F2Reports the grant of shares of restricted stock under the SpartanNash Company Stock Incentive Plan of 2015 ("Plan"). These shares will vest at the rate of 25% each year beginning on March 1, 2020, and will be fully vested on March 1, 2023. Prior to vesting, these shares will remain subject to restrictions in accordance with the Plan and the terms of the grant.
- F3Reflects receipt of shares received in lieu of cash incentive compensation under the Plan and the Stock Bonus Program ("Program") established thereunder. Under the Program, the reporting person elected to receive a portion of her annual cash incentive award in the form of SpartanNash Common Stock. The effective purchase price for shares is the closing price on the date the participant's election was due to the Company. Pursuant to the Plan, she received an additional grant of shares equal to 20% of the amount of the bonus that she elected to receive in the form of stock. As a condition to the receipt of these shares, the reporting person has agreed to hold them for at least one year, and will forfeit them if she enters into competition with the Company during the holding period.