TECH DATA CORP 4
4 · TECH DATA CORP · Filed Jul 13, 2017
Insider Transaction Report
Form 4
TECH DATA CORPTECD
Amsellem Alain
SVP & CFO, Europe
Transactions
- Disposition to Issuer
Common Stock
2017-07-11$104.33/sh−6,952$725,302→ 27,827 total - Sale
Common Stock
2017-07-11$104.62/sh−800$83,697→ 26,379 total - Exercise/Conversion
Maximum Value Option
2017-07-11−8,600→ 3,342 totalExercise: $21.13From: 2013-03-23Exp: 2019-03-23→ Common Stock (8,600 underlying) - Exercise/Conversion
Common Stock
2017-07-11$104.33/sh+8,600$897,238→ 34,779 total - Sale
Common Stock
2017-07-11$104.64/sh−200$20,929→ 26,179 total
Footnotes (3)
- [F1]The market value of Tech Data stock on the date of exercise exceeded the awards's $20 maximum cap per share, therefore, in accordance with the grant agreement, the shares exercised were settled in whole shares. The net shares received represent the maximum value.
- [F2]Direct: 23,042, unvested RSUs: 4,785.
- [F3]Maximum value option ("MVO") granted on 03/23/2009 with an exercise price of $21.13 under the Amended and Restated 2000 Equity Incentive Plan of Tech Data Corporation, as amended of which 25% is exercisable on 3/23/2010 and on each subsequent anniversary. Each MVO is granted with a predetermined cap on the exercise spread.