SEC Form 4 · accession 0001104659-16-121917
INVENTURE FOODS, INC. · SNAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Sklar
Officer — SVP GM - Snack Division
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 6:50 pm EDT
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 StockF2,F1 | May 16, 2016 | M | 2,548 | — | A | 45,527 | D | |
| Common StockF3 | May 16, 2016 | F | 816 | $6.74 | D | 44,711 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 16, 2016 | M | 2,548 | D | — | — | Common Stock | 2,548 | 2,548 | D |
Explanation of responses
- F1Restricted stock convert into Inventure Foods, Inc. common stock on a one-for-one basis.
- F2On June 17, 2014, the reporting person was granted 7,644 restricted stock units, vesting in three (3) equal annual installments beginning May 14, 2015.
- F3Of the 2,548 restricted stock shares vesting on May 16, 2016 (see (2) above), 816 of these shares were withheld to pay the resulting tax liability.