SEC Form 4 · accession 0001209191-15-047241
CONNS INC · CONN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Trahan
Officer — President- Retail
Period of report
May 24, 2015
Accepted (ET)
May 27, 2015 · 7:22 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,F3 | May 24, 2015 | F | 2,745 | $40.01 | D | 70,910 | D | |
| Common StockF4,F2,F3 | May 27, 2015 | F | 407 | $36.90 | D | 70,503 | D | |
| Common StockF5,F3 | May 27, 2015 | A | 5,556 | $0.00 | A | 76,059 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to pay withholding taxes due upon vesting of Restricted Stock Units awarded on May 24, 2011.
- F2Price based on closing price of Conn's, Inc. Common Stock on date of vesting.
- F3Amount does not include performance-based restricted stock units ("PBRSUs") granted to the reporting person on May 27, 2014 or May 27, 2015, 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 January 31, 2015, respectively, and will be determined based on the Company's return on invested capital.
- F4Represents shares withheld to pay withholding taxes due upon vesting of Restricted Stock Units awarded on May 27, 2012.
- F5Restricted Stock Units awarded to reporting person under the 2011 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in 4 equal annual installments commencing on May 27, 2016.