KUPSTAS MICHAEL J 4
4 · PANERA BREAD CO · Filed Jan 24, 2012
Insider Transaction Report
Form 4
PANERA BREAD COPNRA
KUPSTAS MICHAEL J
SVP, Chief Franchise Officer
Transactions
- Sale
Class A Common Stock
2012-01-20$150.46/sh−2,500$376,150→ 11,183 total
Holdings
- 8,575(indirect: By Trust)
Class A Common Stock
Footnotes (2)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2011.
- [F2]This price reported is the weighted average of the shares sold. The shares were sold at varying prices in the range of $150.25 to $150.79. The reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.