Filing Details
- Accession Number:
- 0000947871-19-000380
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-05-17 17:44:30
- Reporting Period:
- 2019-05-15
- Accepted Time:
- 2019-05-17 17:44:30
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1517175 | Chefs' Warehouse Inc. | CHEF | Wholesale-Groceries, General Line (5141) | 203031526 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1525968 | Patricia Lecouras | 100 East Ridge Road Ridgefield CT 06877 | Chief Human Resources Officer | No | Yes | No | 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 | Acquisiton | 2019-05-15 | 7,193 | $20.23 | 47,218 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-05-15 | 7,193 | $34.31 | 40,025 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2019-05-17 | 6,570 | $0.00 | 46,595 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Price-Based Stock Options (Right to Buy) | Disposition | 2019-05-15 | 7,193 | $0.00 | 7,193 | $20.23 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2026-03-07 | No | 4 | M | Direct |
Footnotes
- The exercise of this price-based stock option and the sale of shares received pursuant thereto were executed pursuant to a 10b5-1 plan put in place by the Reporting Person on March 15, 2019.
- Represents the weighted average sales price of the shares sold ranging from a low of $33.70 to a high of $34.51 per share. The Reporting Person undertakes, upon request by the Commission staff, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
- The Issuer granted these securities subject to stockholder approval of The Chefs' Warehouse 2019 Omnibus Equity Incentive Plan (the "Plan"). Stockholder approval of the Plan was received on May 17, 2019.
- The Reporting Person received 6,570 shares of restricted common stock pursuant to the Plan. The forfeiture restrictions associated with this award will lapse in one-third increments as of the first through third anniversary dates of the grant date, February 25, 2019.
- Price-based stock options were eligible for vesting upon the issuer's achievement of a $30 stock price hurdle (based on 20-consecutive trading day average) on or before the fourth anniversary of the grant date, March 7, 2016; in addition, price-based stock options were not exercisable before the third anniversary of the grant date and were subject to the terms of the Reporting Person's non-qualified stock option agreement.