SEC Form 4 · accession 0000950138-17-000774
BARNES & NOBLE INC · BKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Riggio
Officer — Chairman of the Board · Director · 10% Owner
Period of report
Dec 1, 2017
Accepted (ET)
Dec 4, 2017 · 9:11 am EST
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 StockF1 | Dec 1, 2017 | P | 1,000,000 | $6.8027 | A | 8,594,491 | D | |
| Common StockF2 | holding | — | — | — | 5,457,641 | I | By Corp. and Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average share price. These shares were purchased in multiple transactions at per share prices ranging from $6.575 to $6.95, 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 purchased at each separate price within the ranges set forth in footnote 1 to this Form 4.
- F2Of these shares, 2,316,668 shares are owned indirectly through LRBKS Holdings, Inc., a Delaware corporation beneficially owned by the Reporting Person and his wife, Louise Riggio, and 3,140,973 shares are owned by The Riggio Foundation, a charitable trust of which Mr. and Mrs. Riggio are the co-trustees.