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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock | (2) (3) | 12/09/2013 | M | 1,429 | (3) | (3) | Common Stock | 1,429 | $ 0 | 1,428 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Graham James Barrie 487 WILSON AVENUE NOVATO, CA 94947 |
X |
/s/ Barrie Graham | 12/11/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On December 9, 2013, the Reporting Person was granted 2,857 shares of restricted stock of which fifty percent (50%) or 1,429 shares vested on December 9, 2014. Such shares of restricted stock were previously reported as derivative securities in Table II on the Form 4 filed by the Reporting Person with the Securities Exchange Commission on December 11, 2013 (File No.: 001-35973) and are being reported herein to reflect the settlement of those derivative securities. |
(2) | Pursuant to the 2012 Stock Incentive Plan of Truett-Hurst, Inc., each restricted stock award is comprised of shares of Class A common stock subject to a right of repurchase or forfeiture. Once vested, each share of restricted stock is released from such restrictions. |
(3) | On December 9, 2013, the Reporting Person was granted 2,857 shares of restricted stock pursuant to the 2012 Stock Incentive Plan of Truett-Hurst, Inc. The Board of Directors amended the original vesting term of three years to two years and therefore fifty percent (50%) or 1,429 shares of such restricted stock award vested on December 9, 2014. Such shares of restricted stock were previously reported as derivative securities in Table II on the Form 4 filed by the Reporting Person with the Securities Exchange Commission on December 11, 2013 (File No.: 001-35973) and are being reported herein to reflect the settlement of those derivative securities. The remaining unvested shares of restricted stock granted to the Reporting Person will vest on December 9, 2015. |