HOBBS JEREMY W 4
4 · AMCON DISTRIBUTING CO · Filed Dec 21, 2018
Insider Transaction Report
Form 4
HOBBS JEREMY W
Director
Transactions
- Award
Restricted Stock Units
2018-12-21+200→ 200 total→ Common Stock (200 underlying)
Holdings
- 1,700
Common Stock, par value $.01 per share
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 23, 2019, October 23, 2020, and October 23, 2021.