Marcus Corp (MCS) director receives 1,391-share stock grant and holds options
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Marcus Corp director Allan H. Selig received a grant of 1,391 shares of Common Stock at $17.97 per share as compensation for board service. After this award, he directly holds 65,315 Common shares. The award was granted under The Marcus Corporation 2004 Equity and Incentive Awards Plan.
The filing also lists several outstanding stock options to buy Common Stock, with exercise prices ranging from $14.25 to $38.51 and expiration dates between 2026 and 2033. This amendment clarifies previously reported underlying securities, changing them from dollar amounts to share counts.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
SELIG ALLAN H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,391 | $17.97 | $25K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,315 shares (Direct, null);
Stock Option (Right to Buy) — 1,000 shares (Direct, null)
Footnotes (1)
- Granted by Issuer in consideration of service as a director. Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan. Amending solely to correct previously reported Underlying Securities reported in dollars to be reported in shares.
Key Figures
Stock grant size: 1,391 shares
Grant value per share: $17.97 per share
Shares held after grant: 65,315 shares
+4 more
7 metrics
Stock grant size
1,391 shares
Common Stock award to director Allan H. Selig
Grant value per share
$17.97 per share
Reported value for the 1,391-share Common Stock grant
Shares held after grant
65,315 shares
Total direct Common Stock holdings following the transaction
Option at $14.69
1,455 underlying shares
Stock option exercise price $14.69, expiring 2033-12-28
Option at $14.25
750 underlying shares
Stock option exercise price $14.25, expiring 2032-12-29
Option at $31.55
1,000 underlying shares
Stock option exercise price $31.55, expiring 2026-12-29
Option at $38.51
1,000 underlying shares
Stock option exercise price $38.51, expiring 2027-12-27
Key Terms
Grant, award, or other acquisition, Stock Option (Right to Buy), Equity and Incentive Awards Plan, underlying securities
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Equity and Incentive Awards Plan financial
"Granted pursuant to The Marcus Corporation 2004 Equity and Incentive Awards Plan."
underlying securities financial
"correct previously reported Underlying Securities reported in dollars to be reported in shares."
FAQ
What insider transaction did Marcus Corp (MCS) report for Allan H. Selig?
Marcus Corp reported that director Allan H. Selig received a grant of 1,391 shares of Common Stock. The shares were awarded as compensation for his service on the board, reflecting a non-cash equity award rather than an open-market purchase.
At what price was Allan H. Selig’s Marcus Corp stock grant valued?
The 1,391-share grant to Allan H. Selig was valued at $17.97 per share. This price is used in the filing to describe the award’s per-share value for reporting, not necessarily reflecting a market trade or cash transaction on that date.
What stock options does Allan H. Selig still hold in Marcus Corp (MCS)?
Allan H. Selig holds several stock options to buy Marcus Corp Common Stock, including 1,455 underlying shares at $14.69 and multiple 1,000-share tranches at higher prices. These options expire between 2026 and 2033, showing his remaining derivative-based exposure.
Why was this Marcus Corp Form 4/A filed as an amendment?
The filing states it was amended solely to correct previously reported underlying securities, changing them from dollar amounts to share counts. This clarification improves accuracy in how the option-related underlying Common Stock is reflected, without introducing new option grants.
Was Allan H. Selig’s Marcus Corp stock grant tied to a specific equity plan?
Yes. The grant was made under The Marcus Corporation 2004 Equity and Incentive Awards Plan. The filing notes it was granted by the issuer in consideration of his service as a director, aligning his compensation with shareholder interests through equity awards.