SEC Form 4 · accession 0000950138-15-000459
BARNES & NOBLE INC · BKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jaime Carey
Officer — Chief Operating Officer
Period of report
Jul 9, 2015
Accepted (ET)
Jul 10, 2015 · 2:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890491
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 9, 2015 | M | 14,557 | $15.78 | A | 138,702 | D | |
| Common StockF1 | Jul 9, 2015 | S | 14,557 | $26.8112 | D | 124,145 | D | |
| Common Stock | Jul 9, 2015 | M | 10,443 | $15.78 | A | 134,588 | D | |
| Common StockF2 | Jul 9, 2015 | S | 10,443 | $26.8492 | D | 124,145 | D | |
| Common StockF3 | holding | — | — | — | 2,555 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $15.78 | Jul 9, 2015 | M | 25,000 | D | Nov 15, 2014 | Nov 14, 2021 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average share price. These shares were sold in multiple transactions at prices ranging from $26.75 to $26.90, inclusive. The reporting person undertakes to provide to Barnes & Noble, Inc., any security holders of Barnes & Noble, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
- F2The price reported in Column 4 is a weighted average share price. These shares were sold in multiple transactions at prices ranging from $26.79 to $26.91, inclusive. The reporting person undertakes to provide to Barnes & Noble, Inc., any security holders of Barnes & Noble, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
- F3Holdings under the Barnes & Noble, Inc. 401(k) Plan are reported in units. Therefore, the securities set forth in Column 5 of Table I are units. The number of units reported herein are based on a plan statement dated as of June 30, 2015. The Barnes & Noble, Inc. 401(k) Plan accounts for interests in the Barnes & Noble, Inc. Stock Fund in units consisting of shares of Barnes & Noble, Inc. common stock and a liquidity component. As a result, the number of underlying shares may fluctuate from time to time.