11/06/2024 | Press release | Distributed by Public on 11/06/2024 15:46
FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) (granted 5/8/20) | $12.71 | 11/04/2024 | M | 20,000 | (4) | 05/08/2030 | Common Stock | 0 | $ 0 | 0 | D | ||||
Stock Option (right to buy) (granted 7/29/14) | $18.34 | (4) | 07/29/2024 | Common Stock | 15,683 | 15,683 | D | ||||||||
Stock Option (right to buy) (granted 7/28/15) | $20.26 | (4) | 07/28/2025 | Common Stock | 19,300 | 19,300 | D | ||||||||
Stock Option (right to buy) (granted 3/1/16) | $18.68 | (4) | 03/01/2026 | Common Stock | 12,300 | 12,300 | D | ||||||||
Stock Option (right to buy) (granted 2/28/17) | $31.20 | (4) | 02/28/2027 | Common Stock | 17,000 | 17,000 | D | ||||||||
Stock Option (right to buy) (granted 2/27/18) | $27 | (4) | 02/27/2028 | Common Stock | 24,400 | 24,400 | D | ||||||||
Stock Option (right to buy) (granted 2/26/19) | $41.90 | (4) | 02/26/2029 | Common Stock | 23,400 | 23,400 | D | ||||||||
Stock Option (right to buy) (granted 2/25/20) | $28.88 | (4) | 02/25/2030 | Common Stock | 39,000 | 39,000 | D | ||||||||
Stock Option (right to buy) (granted 3/9/21) | $21.84 | (4) | 03/09/2031 | Common Stock | 47,100 | 47,100 | D | ||||||||
Stock Option (right to buy) (granted 3/8/22) | $17.04 | (5) | 02/03/2008 | Common Stock | 50,000 | 50,000 | D | ||||||||
Stock Option (right to buy) (granted 3/7/23) | $15.99 | (5) | 03/07/2033 | Common Stock | 56,600 | 56,600 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KISSINGER THOMAS F 111 E KILBOURN AVENUE SUITE 1200 MILWAUKEE, WI 53202 |
X | Sr Exec VP, Gen Counsel & Secy |
/s/ Steven R. Barth, Attorney-in-Fact for Thomas F. Kissinger | 11/06/2024 |
**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) | Represents a net exercise of outstanding options. The reporting person received 4,051 shares of common stock on net exercise of option to purchase 20,000 shares of common stock. The Company withheld 15,949 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 4, 2024 of $21.10, pursuant to the terms of The Marcus Corporation 2004 Equity and Incentive Awards Plan. |
(2) | By Dividend Reinvestment and Associate Stock Purchase Plan. |
(3) | Balance reflects the most current data available with regard to the reporting person's holdings in the 401(k) Plan. |
(4) | The options originally granted vest and become exercisable as follows: 40% after 2nd anniversary of the date of grant; 60% after 3rd anniversary; 80% after 4th anniversary; and 100% after 5 years. |
(5) | The options originally granted vest and become exercisable as follows: 50% after 2nd anniversary of the date of grant; 75% after 3rd anniversary; and 100% after 4 years. |