SEC Form 4 · accession 0001259242-15-000024
Medical Information Technology, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Dec 30, 2015
Accepted (ET)
Dec 30, 2015 · 4:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001011452
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Medical Information Technology, Inc. Common Stock | Dec 30, 2015 | J | 25,000 | $0.00 | A | 6,327,960 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Plan is a defined contribution type of Profit Sharing Trust funded solely by company contributions comprised of either cash, company common stock or both. This transaction is per Board of Directors vote of December 18, 2015 for a contribution of 25,000 share of Company Stock at the current value of $45 per share, to be transferred on or before 12/31/2015.