Liberty Tax, Inc. 4
4 · Liberty Tax, Inc. · Filed Sep 23, 2015
Insider Transaction Report
Form 4
Daniels Thomas S
Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2015-09-21+270→ 726 total - Exercise/Conversion
Restricted Stock Units
2015-09-21−270→ 0 total→ Class A Common Stock (270 underlying) - Tax Payment
Class A Common Stock
2015-09-21$23.73/sh−87$2,065→ 639 total - Award
Restricted Stock Units
2015-09-18+1,560→ 1,560 total→ Class A Common Stock (1,560 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of Class A Common Stock.
- [F2]This restricted stock unit award was granted on September 19, 2014 and one-third of the restricted stock units vested on September 19, 2015.
- [F3]Represents the conversion upon vesting of restricted stock units into common stock. On September 19, 2014, the reporting person was granted 809 restricted stock units, of which one-third of the shares subject to the restricted stock units vested on September 19, 2015. Those restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on September 23, 2014.
- [F4]Reflects 87 shares withheld by Issuer at market price of $23.73 per share to fund the payment of taxes for the grant.
- [F5]Each year for three years starting September 18, 2016, one-third of the Restricted Stock Units shall become vested provided that the Employee is in the employ of the Company at the time of vesting.