SEC Form 4 · accession 0001628280-18-003272
PROVIDENCE SERVICE CORP · PRSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Kerley
Director
Period of report
Mar 13, 2018
Accepted (ET)
Mar 15, 2018 · 9:26 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 13, 2018 | M | 667 | $14.16 | A | 31,836 | D | |
| Common StockF1 | Mar 13, 2018 | S | 667 | $70.89 | D | 31,169 | D |
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)F2 | $14.16 | Mar 13, 2018 | M | 667 | D | — | May 17, 2021 | Common Stock | 667 | 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 $70.76 to $71.02, 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.
- F2This option, representing a right to purchase a total of 2,000 shares of common stock, became exercisable in three equal annual installments beginning on May 17, 2012, which was the first anniversary of the date on which the option was granted.