SEC Form 4 · accession 0001209191-17-036597
CONNS INC · CONN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Coleman R Gaines
Officer — President of Retail Operations
Period of report
May 30, 2017
Accepted (ET)
May 31, 2017 · 6:56 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 30, 2017 | A | 14,012 | $0.00 | A | 38,643 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Units awarded to reporting person under the 2016 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in equal 4 annual installments commencing on May 30, 2018.
- F2Amount does not include performance-based restricted stock units ("PBRSUs") granted to the reporting person on May 30, 2017. The number of PBRSUs that the reporting person will receive will be determined at the end of the three-year performance period ending January 31, 2020 followed by a vesting period ending May 30, 2021 and will be determined based on the Company's three-year EBITDA performance. Performance awards not tied to stock price are not derivative securities for purposes of Section 16 under guidance from the staff of the SEC.