SEC Form 4 · accession 0001209191-17-052114
CONNS INC · CONN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman Miller
Officer — Chairman, President and CEO · Director
Period of report
Sep 7, 2017
Accepted (ET)
Sep 8, 2017 · 5:45 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 | Sep 7, 2017 | F | 7,818 | $21.75 | D | 405,741 | 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 September 7, 2015.
- 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: (a) May 25, 2016. 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, 2018 and will be determined based on the Company's return on invested capital; and (b) February 23, 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 and will be determined based on the Company's 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.