SEC Form 4 · accession 0001104659-16-103798
INVENTURE FOODS, INC. · SNAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry E McDaniel
Officer — CEO · Director
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 12:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000944508
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 7, 2016 | A | 36,944 | $0.00 | A | 366,077 | D | |
| Common StockF1 | Mar 7, 2016 | F | 12,015 | $5.71 | D | 354,062 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 7, 2016, 36,944 shares that were acquired by the reporting person pursuant to the award of 50,000 restricted stock shares on May 15, 2013, which were subject to performance criteria set forth by the Company's Board of Directors, vested and were paid to the reporting person. 12,015 of these 36,944 shares were withheld to pay the resulting tax liability.
- F2The number of securities beneficially owned has been reduced to reflect the settlement of the May 15, 2013 restricted stock grant noted in Footnote 1. 13,056 of the 50,000 restricted stock shares did not vest pursuant to the performance criteria and were removed from the reporting person's number of beneficially owned securities.