SEC Form 4 · accession 0001220754-18-000030
PROVIDENCE SERVICE CORP · PRSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kristi Meints
Director
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 8:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001220754
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 29, 2018 | M | 10,000 | $26.14 | A | 45,936 | D | |
| Common StockF1 | Mar 29, 2018 | S | 10,000 | $68.57 | D | 35,936 | D | |
| Common StockF2 | holding | — | — | — | 10,167 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $26.14 | Mar 29, 2018 | M | 10,000 | D | — | Jun 9, 2018 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.50 to $68.76, inclusive. The Reporting Person undertakes to provide to The Providence Service Corporation (the "Company"), any securityholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2These shares are held by a charitable remainder trust of which the Reporting Person is a trustee and of which the Reporting Person is the sole beneficiary. The Reporting Person continues to report beneficial ownership of all of the PRSC common stock held by the trust.
- F3This option, representing a right to purchase a total of 10,000 shares of common stock, became exercisable in three equal annual installments beginning on January 2, 2009.