Form 4 for FIZZ NATIONAL BEVERAGE CORP
Accepted 2021-12-09 00:00:00 ET · period of report 2021-12-07 · accession 0001437749-21-028244 · 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 | 2021-12-09 | 2021-12-07 | FIZZ | CONLEE CECIL D | Dir | X - OptEx | $0.01 | +6,000 | 82.1K | +8% | +$60 |
| DM | 2021-12-09 | 2021-12-07 | FIZZ | CONLEE CECIL D | Dir | X - OptEx | — | -6,000 | 43.6K | -12% | — |
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 | 2021-12-07 | X | A | 1,600 | $0.01 | 83,680 | D | — | — | (F2) Reflects exercise of options granted to Mr. Conlee under the Company's Key Employee Equity Partnership Program ("KEEP") on September 24, 2015. 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 | 2021-12-07 | X | A | 4,400 | $0.01 | 82,080 | D | — | — | (F1) Reflects exercise of options granted to Mr. Conlee under the Company's Key Employee Equity Partnership Program ("KEEP") on June 10, 2015. 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. |
| 3 | Derivative | KEEP STOCK OPTION | 2021-12-07 | X | D | 1,600 | — | 42,000 | D | $0.01 · 2021-09-24 to 2025-09-24 | 1,600 Common Stock | (F2) Reflects exercise of options granted to Mr. Conlee under the Company's Key Employee Equity Partnership Program ("KEEP") on September 24, 2015. 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. |
| 4 | Derivative | KEEP STOCK OPTION | 2021-12-07 | X | D | 4,400 | — | 43,600 | D | $0.01 · 2021-06-10 to 2025-06-10 | 4,400 Common Stock | (F1) Reflects exercise of options granted to Mr. Conlee under the Company's Key Employee Equity Partnership Program ("KEEP") on June 10, 2015. 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. |