Form 4 for FIZZ NATIONAL BEVERAGE CORP
Accepted 2024-06-17 00:00:00 ET · period of report 2024-06-13 · accession 0001437749-24-020507 · 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 | 2024-06-17 | 2024-06-13 | FIZZ | CONLEE CECIL D | Dir | M - OptEx | $0.01 | +6,000 | 66.5K | +10% | +$60 |
| DM | 2024-06-17 | 2024-06-13 | FIZZ | CONLEE CECIL D | Dir | M - OptEx | — | -6,000 | 12.0K | -33% | — |
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 | 2024-06-13 | M | A | 6,000 | $0.01 | 66,480 | 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 April 29, 2023. (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 April 29, 2023. |
| 2 | Derivative | Keep Stock Option | 2024-06-13 | M | D | 4,400 | — | 13,600 | 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 April 29, 2023. |
| 3 | Derivative | Keep Stock Option | 2024-06-13 | M | D | 1,600 | — | 12,000 | 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 April 29, 2023. |