SEC Form 4 · accession 0001000045-17-000011
NICHOLAS FINANCIAL INC · NICK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Finkenbrink
Officer — President and CEO
Period of report
Aug 31, 2017
Accepted (ET)
Sep 19, 2017 · 9:04 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 | Aug 31, 2017 | M | 11,000 | $6.58 | A | 104,098 | 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 | 8,200 | 8,200 | D |
| Stock Option (right to buy)F1,F3 | $3.50 | holding | — | — | — | — | Apr 1, 2018 | Common Stock | 38,500 | 38,500 | D |
| Stock Option (right to buy)F4 | $14.37 | holding | — | — | — | — | Jun 13, 2024 | Common Stock | 40,000 | 40,000 | 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 options vest in three equal annual installments beginning on March 19, 2009.
- F3The options vest in three equal annual installments beginning on April 1, 2009.
- F4The options vest in five equal annual installments beginning on June 13, 2015.