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NATHANS FAMOUS, INC. — Director's Dealing 2015
Mar 12, 2015
32933_dirs_2015-03-12_9ddf421e-5181-4991-95ef-15c888fc428e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NATHANS FAMOUS INC (NATH)
CIK: 0000069733
Period of Report: 2015-03-10
Reporting Person: LORBER HOWARD M (Director, Executive Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-10 | Common Stock | M | 25000 | $13.08 | Acquired | 927478 | Direct |
| 2015-03-10 | Common Stock | F | 14850 | $71.63 | Disposed | 912628 | Direct |
| 2015-03-10 | Common Stock | M | 18750 | $17.75 | Acquired | 931378 | Direct |
| 2015-03-10 | Common Stock | F | 11677 | $71.63 | Disposed | 919701 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-10 | 2002 Stock Option Plan (Right to Buy) | $13.08 | M | 25000 | Disposed | 2016-06-13 | Common Stock (25000) | Direct |
| 2015-03-10 | 2010 Stock Incentive Plan (Right to Buy) | $17.75 | M | 18750 | Disposed | 2016-06-05 | Common Stock (18750) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10000 | Indirect |
| Common Stock | 75000 | Indirect |
Footnotes
F1: These shares were acquired through the exercise of stock options granted on June 14, 2006 pursuant to the Issuer's 2002 Stock Incentive Plan.
F2: Transaction represents withholding of shares based on a net exercise to satisfy tax withholding obligation and exercise cost.
F3: These shares were acquired through the exercise of stock options granted on June 6, 2011 pursuant to the Issuer's 2010 Stock Incentive Plan.
F4: Includes 20,000 shares of unvested restricted stock.
F5: Represents shares owned by Lorber Gamma LP (the "Lorber LP"). Mr. Lorber serves as the President of the Lorber LP's general partner and as such has voting and dispositive power with respect to such shares.
F6: Represents shares owned by Lorber Alpha II LP (the "Lorber II LP"). Mr. Lorber serves as the President of the Lorber II LP's general partner and as such has voting and dispositive power with respect to such shares.
F7: Options vested 20% on each of the first through fifth anniversaries of June 14, 2006, the grant date.
F8: Options vested 25% on each of the first through fourth anniversaries of June 6, 2011, the grant date.