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FARMER BROTHERS CO — Director's Dealing 2013
Dec 16, 2013
34716_dirs_2013-12-16_0b1bb3d0-f423-4ff0-9408-0b44d739985a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FARMER BROTHERS CO (FARM)
CIK: 0000034563
Period of Report: 2013-12-12
Reporting Person: MORTENSEN THOMAS W (SR. VICE PRES.OF ROUTE SALES)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-12 | Stock Option (right tobuy) | $21.33 | A | 7989 | Acquired | 2020-12-12 | Common Stock (7989) | Direct |
Footnotes
F1: Grant of non-qualified stock option under the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan; one-third of the total number of shares subject to each stock option will vest on the first anniversary of the grant date based on the Company's achievement of a modified net income target for the first fiscal year of the performance period as approved by the Compensation Committee, and the remaining two-thirds of the total number of shares subject to each stock option will vest on the third anniversary of the grant date based on the Company's achievement of a cumulative modified net income target for all three years during the performance period as approved by the Compensation Committee, in each case, subject to the participant's employment by the Company or service on the Board of Directors of the Company on the applicable vesting date.