Filing Details

Accession Number:
0001209191-15-012272
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-11 19:31:23
Reporting Period:
2015-02-09
Filing Date:
2015-02-11
Accepted Time:
2015-02-11 19:31:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
34563 Farmer Brothers Co FARM Miscellaneous Food Preparations & Kindred Products (2090) 950725980
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1627453 Jr J Thomas Mattei Farmer Bros. Co.,
20333 S Normandie Ave
Torrance CA 90502
General Counsel 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 $1.00 Par Value Acquisiton 2015-02-09 300 $25.00 1,215 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2015-02-09 4,281 $23.44 4,281 $23.44
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,761 2022-02-09 No 4 A Direct
Footnotes
  1. Open market purchase. This transaction was executed in multiple trades at a price of $25.00. The price reported above is the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request by the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
  2. Grant of non-qualified stock option under the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan ("Plan"); the stock option vests pursuant to a three year vesting schedule, whereby one-third of the total number of shares issuable under the option becomes exercisable each year on the anniversary of the grant date, commencing on February 9, 2016, based on the Company's achievement of a modified net income target for each fiscal year of the performance period as approved by the Compensation Committee, subject to catch-up vesting of previously unvested shares in a subsequent year within the three year period in which a cumulative modified net income target as approved by the Compensation Committee is achieved and the acceleration provisions of the Plan and stock option agreement, and subject to the participant's employment by the Company or service on the Board of Directors of the Company on the applicable vesting date.