4//SEC Filing
Ibbotson Steven 4
Accession 0001551858-18-000002
CIK 0001528930other
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 1:48 PM ET
Size
14.4 KB
Accession
0001551858-18-000002
Insider Transaction Report
Form 4
Ibbotson Steven
Director10% Owner
Transactions
- Sale
Class A Common Stock
2018-08-03$8.54/sh−8,400$71,736→ 0 total(indirect: By 714717 Alberta, Ltd.) - Sale
Class A Common Stock
2018-08-03$8.54/sh−3,000,000$25,620,000→ 0 total(indirect: By Datatax Business Services, Ltd.) - Conversion
Special Voting Preferred Stock
2018-08-03−10→ 0 total(indirect: By Datatax Business Services, Ltd.) - Conversion
Exchangeable Shares
2018-08-03−1,000,000→ 0 total(indirect: By Datatax Business Services, Ltd.)→ Class A Common Stock (1,000,000 underlying) - Sale
Class A Common Stock
2018-08-03$8.54/sh−95,137$812,470→ 0 total - Conversion
Class A Common Stock
2018-08-03+1,000,000→ 3,000,000 total(indirect: By Datatax Business Services, Ltd.)
Footnotes (3)
- [F1]On August 3, 2018, the Reporting Person entered into an agreement to sell all shares of the Issuer's common stock directly and indirectly beneficially owned by the Reporting Person to Vintage Tributum LP in a private transaction (the "Private Sale").
- [F2]In connection with the Private Sale, Datatax Business Services Limited, an entity 100% owned by the Reporting Person, through which the Reporting Person indirectly beneficially owned shares of the Issuer, converted 1,000,000 Exchangeable Shares of Liberty Tax Holding Corporation, a wholly-owned subsidiary of the Issuer (the "Exchangeable Shares") and 10 shares of the Issuer's Special Voting Preferred Stock (the "Special Voting Preferred Stock") into 1,000,000 shares of the Issuer's Class A Common Stock.
- [F3]The Exchangeable Shares and Special Voting Preferred Stock were convertible into Class A Common Stock at any time and had no expiration date.
Documents
Issuer
Liberty Tax, Inc.
CIK 0001528930
Entity typeother
Related Parties
1- filerCIK 0001551858
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 1:48 PM ET
- Size
- 14.4 KB