AMCON DISTRIBUTING CO 4
4 · AMCON DISTRIBUTING CO · Filed Oct 24, 2014
Insider Transaction Report
Form 4
PESTOTNIK TIMOTHY R
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-10-22−66→ 134 total→ Common Stock (134 underlying) - Exercise/Conversion
Common Stock , par value $.01 per share
2014-10-22+66→ 2,482 total
Footnotes (1)
- [F1]Restricted Stock Units ("RSUs") give the reporting person the right to receive, subject to being a service provider for the issuer on the applicable vesting date, (i) cash equal to the per share Fair Market Value of common stock on the vesting date times the number of shares underlying the RSUs then vesting or (ii) common stock equal to the number of shares underlying the RSUs then vesting, as elected by the reporting person. Subject to earlier forfeiture under certain circumstances, these RSUs vest as to one-third of the original 200 RSU award on October 22, 2014, October 22, 2015, and October 22, 2016. On the October 22, 2014 vesting date RSUs were settled for 66 shares of common stock.