Home > Insider Trading > Filing (0001394156-18-000056)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1394156	Diversified Restaurant Holdings Inc.	SAUC	Retail-Eating Places (5812)	030606420

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1434679	Michael T. Ansley	27680 Franklin Road Southfield MI 48034	Chairman Of The Board	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2018-07-24	700,000	$1.00	2,314,557	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option to purchase common stock -- -- Right to Buy '16	Disposition	2016-07-28	30,000	$0.00	30,000	$2.50
Common Stock	Option to purchase common stock -- -- Right to Buy '19	Acquisiton	2016-07-28	30,000	$0.00	30,000	$2.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2016-07-31	No	4	D	Direct
30,000		2019-07-31	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	8,000,000	Indirect	By reporting person and wife through family limited liability company
Common Stock	9,000	Indirect	By reporting person as UGMA custodian for children

Footnotes

Reporting person transferred these shares to a family limited liability company of which the reporting person is the sole voting member with sole dispositive power over the shares, and the reporting person and his wife are the sole beneficial owners.
The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose
The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option with the grant of a replacement option. The option was originally granted on July 31, 2010 and provided for vesting in three equal installments commencing on July, 31, 2011.