Plummer Andrew Charles 4
4 · AMCON DISTRIBUTING CO · Filed Oct 25, 2022
Insider Transaction Report
Form 4
Plummer Andrew Charles
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2022-10-22+684→ 28,675 total - Exercise/Conversion
Restricted Stock Units
2022-10-22−684→ 0 total→ Common Stock (684 underlying)
Holdings
- 3,334
Restricted Stock Units
→ Common Stock (3,334 underlying)
Footnotes (2)
- [F1]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 vested as to one-third of the total original 2,050 RSU award on October 22, 2020, October 22, 2021, and October 22, 2022. On the October 22, 2022 vesting date, RSUs were settled for 684 shares of common stock.
- [F2]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 vested or vest as to one-third of the original 5,000 RSU award on October 27, 2021, October 27, 2022, and October 27, 2023.