Ossenfort Nicole 4
4 · Liberty Tax, Inc. · Filed Jun 5, 2018
Insider Transaction Report
Form 4
Ossenfort Nicole
Director
Transactions
- Award
Restricted Stock Units
2018-06-01+30,806→ 30,806 total→ Class A Common Stock (30,806 underlying) - Award
Employee Stock Options (Right to Buy)
2018-06-01$10.55/sh+149,083$1,572,826→ 149,083 totalExercise: $10.55→ Class A Common Stock (149,083 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents the right to receive, at settlement, one share of Class A Common Stock.
- [F2]Each year for three years starting June 1, 2019, one-third of the Restricted Stock Units shall be come vested provided that the Employee is in the employ of the Company at the time of such vesting.
- [F3]Each year for three years beginning June 1, 2019, one-third of the Employee Stock Options shall become vested.
- [F4]Once exercisable, Employee Stock Options that become vested anytime from the date of vesting through five years from the date of vesting shall remain exercisable, provided that the Employee is in the employ of the Company at the time of each vesting.