Form 4 for FIZZ NATIONAL BEVERAGE CORP
Accepted 2023-10-25 00:00:00 ET · period of report 2023-10-23 · accession 0001437749-23-028964 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-10-25 | 2023-10-23 | FIZZ | HATHORN SAMUEL C | Dir | X - OptEx | $1.50 | +30.0K | 123.0K | +32% | +$45.0K |
| D | 2023-10-25 | 2023-10-23 | FIZZ | HATHORN SAMUEL C | Dir | X - OptEx | — | -30.0K | 4,200 | -88% | — |
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 | 2023-10-23 | X | A | 30,000 | $1.50 | 122,966 | D | — | — | |
| 2 | Derivative | Special Stock Option | 2023-10-23 | X | D | 30,000 | — | 4,200 | D | $1.50 · — to — | 30,000 COMMON STOCK | (F1) Options granted under the Company's Special Stock Option Plan vest over an eight-year period in relatively equal amounts at approximately 16-month intervals. The exercise price can be reduced and the vesting schedule can be accelerated by the optionee purchasing and maintaining ownership of shares of common stock and/or the Company achieving performance objectives as determined by the Board of Directors. Mr. Samuel C. Hathorn's option was granted on August 27, 2014, became fully vested on April 27, 2023, and was set to expire on August 26, 2024. Reference is made to Exhibit 10.6 of the Company's Form 10-K for the year ended April 29, 2023. |