O'Neal Shaquille R 4
4 · PAPA JOHNS INTERNATIONAL INC · Filed May 25, 2021
Insider Transaction Report
Form 4
O'Neal Shaquille R
Director
Transactions
- Award
Common Stock
2021-05-21$92.19/sh+12$1,106→ 36,857 total - Award
Common Stock
2021-05-10+1,311→ 36,845 total
Footnotes (3)
- [F1]Grant of restricted stock units which become fully vested upon the earlier of (i) the first anniversary of the date of the grant of the award; or (ii) the date of the Company's 2022 annual meeting of stockholders, provided the reporting person remains in continuous service on the Board until such date, but the award may vest earlier in the event of death or disability. Should the reporting person terminate service for any other reason, a prorated number of the restricted stock units will vest.
- [F2]The number of securities held reflects the vesting of 28,755 restricted stock units ("RSUs") on March 15, 2021 originally awarded to the reporting person pursuant to the Endorsement Agreement, effective March 15, 2019, by and among, on the one hand, ABG-Shaq, LLC (ABG-Shaq) and, on the other hand, the Issuer and Papa John's Marketing Fund, Inc. Under the reporting person's arrangement with ABG-Shaq, the reporting person received the RSUs as agent of ABG-Shaq and was obligated to deliver to ABG-Shaq the common stock issued upon vesting.
- [F3]Acquisition of dividend equivalent rights on restricted stock units awarded May 9, 2019, May 8, 2020 and May 10, 2021.