Form 4 for FIZZ NATIONAL BEVERAGE CORP
Accepted 2021-07-29 00:00:00 ET · period of report 2021-07-27 · accession 0001437749-21-017912 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-07-29 | 2021-07-27 | FIZZ | sheridan stanley michael | Dir | X - OptEx | $0.01 | +6,000 | 79.4K | +8% | +$60 |
| DM | 2021-07-29 | 2021-07-27 | FIZZ | sheridan stanley michael | Dir | X - OptEx | — | -6,000 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-27 | X | A | 4,000 | $0.01 | 77,408 | D | — | — | (F1) Reflects exercise of options granted to Mr. Sheridan under the Company's Key Employee Equity Partnership Program ("KEEP") on May 1, 2012. KEEP participants receive a grant equal to 50% of the number of shares of the Company's common stock purchased on the open market. KEEP options are granted at an initial exercise price of 60% of the purchase price of the shares acquired and such price is reduced to the par value of the Company's common stock over a six-year vesting period. Reference is made to Exhibit 10.8 of the Company's Form 10-K for the year ended May 1, 2021. |
| 2 | Common | Common Stock | 2021-07-27 | X | A | 2,000 | $0.01 | 79,408 | D | — | — | (F2) Reflects exercise of options granted to Mr. Sheridan under the Company's Key Employee Equity Partnership Program ("KEEP") on July 31, 2013. |
| 3 | Derivative | KEEP STOCK OPTION | 2021-07-27 | X | D | 2,000 | — | 0 | D | $0.01 · 2019-07-31 to 2023-07-31 | 2,000 Common Stock | (F2) Reflects exercise of options granted to Mr. Sheridan under the Company's Key Employee Equity Partnership Program ("KEEP") on July 31, 2013. |
| 4 | Derivative | KEEP STOCK OPTION | 2021-07-27 | X | D | 4,000 | — | 0 | D | $0.01 · 2018-05-01 to 2022-05-01 | 4,000 Common Stock | (F1) Reflects exercise of options granted to Mr. Sheridan under the Company's Key Employee Equity Partnership Program ("KEEP") on May 1, 2012. KEEP participants receive a grant equal to 50% of the number of shares of the Company's common stock purchased on the open market. KEEP options are granted at an initial exercise price of 60% of the purchase price of the shares acquired and such price is reduced to the par value of the Company's common stock over a six-year vesting period. Reference is made to Exhibit 10.8 of the Company's Form 10-K for the year ended May 1, 2021. |