SEC Form 4 · accession 0001000045-17-000005
NICHOLAS FINANCIAL INC · NICK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Dean Bates
Officer — Senior VP Branch Operations · Director
Period of report
Jun 22, 2017
Accepted (ET)
Jul 11, 2017 · 11:59 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000045
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 22, 2017 | A | 8,344 | $0.00 | A | 42,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $3.60 | holding | — | — | — | — | Mar 19, 2018 | Common Stock | 3,300 | 3,300 | D |
| Stock Option (right to buy)F1,F3 | $0.77 | holding | — | — | — | — | Nov 6, 2018 | Common Stock | 5,500 | 5,500 | D |
| Stock Option (right to buy)F1,F4 | $1.20 | holding | — | — | — | — | May 5, 2019 | Common Stock | 5,500 | 5,500 | D |
| Stock Option (right to buy)F1,F5 | $10.96 | holding | — | — | — | — | May 9, 2021 | Common Stock | 1,500 | 1,500 | D |
| Stock Option (right to buy)F1,F6 | $10.87 | holding | — | — | — | — | May 3, 2022 | Common Stock | 10,000 | 10,000 | D |
| Stock Option (right to buy)F7 | $14.37 | holding | — | — | — | — | Jun 13, 2024 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The exercise price has been reduced by $2.00 per the Equity Plan requirements as a result of the December 2012 special cash dividend.
- F2The option vested in five equal installments beginning on March 19, 2008.
- F3The option vested in five equal installments beginning on November 6, 2008.
- F4The option vested in five equal installments beginning on May 5, 2009.
- F5The option vested in five equal installments beginning on May 9, 2011.
- F6The option vested in five equal installments beginning on May 3, 2012.
- F7The option vests in five equal installments beginning on June 13, 2014.