SEC Form 4 · accession 0001209191-18-021656
FIRST ACCEPTANCE CORP /DE/ · FAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth D Russell
Officer — Chief Executive Officer · Director
Period of report
Mar 23, 2018
Accepted (ET)
Mar 26, 2018 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001017907
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Mar 23, 2018 | P | 40,000 | $0.957 | A | 704,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.8499 to $0.93, inclusive. The reporting person undertakes to provide to First Acceptance Corporation, any stockholder of First Acceptance Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.