SEC Form 4 · accession 0001209191-15-044456
CONNS INC · CONN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Poppe
Officer — Chief Operating Officer
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001223389
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 15, 2015 | M | 4,862 | $33.88 | A | 60,082 | D | |
| Common StockF1,F2 | May 15, 2015 | S | 4,862 | $40.00 | D | 55,220 | D | |
| Common StockF1,F2 | May 18, 2015 | M | 5,138 | $33.88 | A | 60,358 | D | |
| Common StockF1,F2 | May 18, 2015 | S | 5,138 | $40.00 | D | 55,220 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | $33.88 | May 15, 2015 | M | 4,862 | D | Nov 30, 2010 | Nov 30, 2015 | Common Stock | 4,862 | 5,138 | D |
| Common StockF1,F3 | $33.88 | May 18, 2015 | M | 5,138 | D | Nov 30, 2010 | Nov 30, 2015 | Common Stock | 5,138 | 0 | D |
Explanation of responses
- F1Exercise of options and sale of shares were made in accordance with a 10b5-1 Plan previously executed.
- F2Amount does not include performance-based restricted stock units ("PBRSUs") granted to the reporting person on May 27, 2014, as performance awards not tied to stock price are not derivative securities for purposes of Section 16 under guidance from the staff of the SEC. The number of PBRSUs that the reporting person will receive will be determined at the end of the two-year performance period ending January 31, 2016, and will be determined based on the Company's Return on Invested Capital.
- F3This option was granted to Mr. Poppe on November 30, 2005. It vested in full on November 30, 2010.