PESTOTNIK TIMOTHY R 4
4 · AMCON DISTRIBUTING CO · Filed Oct 25, 2019
Insider Transaction Report
Form 4
PESTOTNIK TIMOTHY R
Director
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2019-10-23+66→ 1,182 total - Exercise/Conversion
Restricted Stock Units
2019-10-23−66→ 134 total→ Common Stock (134 underlying)
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. On the October 23, 2019 vesting date RSUs were settled for 66 shares of common stock.