ATAYAN CHRISTOPHER H 4
4 · AMCON DISTRIBUTING CO · Filed Oct 28, 2021
Insider Transaction Report
Form 4
ATAYAN CHRISTOPHER H
DirectorCEO and Chairman10% Owner
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2021-10-27+4,300→ 374,613 total - Exercise/Conversion
Restricted Stock Units
2021-10-27−4,300→ 8,600 total→ Common Stock (4,300 underlying) - Award
Common Stock, par value $.01 per share
2021-10-26+9,900→ 370,313 total
Holdings
- 3,300
Restricted Stock Units
→ Common Stock (3,300 underlying)
Footnotes (3)
- [F1]Restricted Stock Awards ("RSAs") vest as to one-third of the total original 9,900 RSA award on October 26, 2022, October 26, 2023, and October 26, 2024, subject to earlier forfeiture under certain circumstances.
- [F2]Restricted Stock Units ("RSUs") give the reporting person the right to receive, subject to being employed 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 total original 12,900 RSU award on October 27, 2021, October 27, 2022, and October 27, 2023. On the October 27, 2021 vesting date RSUs were settled for 4,300 shares of common stock.
- [F3]RSUs give the reporting person the right to receive, subject to being employed 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 total original 9,900 RSU award on October 22, 2020, October 22, 2021, and October 22, 2022.