SEC Form 4 · accession 0001225208-15-008550
Sally Beauty Holdings, Inc. · SBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Flaherty
Officer — SVP and CFO
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 7:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368458
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 23, 2015 | M | 27,500 | $11.39 | A | 69,787 | D | |
| Common Stock | Mar 23, 2015 | M | 22,000 | $23.49 | A | 91,787 | D | |
| Common Stock | Mar 23, 2015 | M | 13,000 | $19.21 | A | 104,787 | D | |
| Common StockF2 | Mar 23, 2015 | S | 62,500 | $34.7076 | D | 42,287 | 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)F3 | $11.39 | Mar 23, 2015 | M | 27,500 | D | — | Oct 19, 2020 | Common Stock | 27,500 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $19.21 | Mar 23, 2015 | M | 13,000 | D | — | Oct 26, 2021 | Common Stock | 13,000 | 27,484 | D |
| Employee Stock Option (Right to Buy)F5 | $23.49 | Mar 23, 2015 | M | 22,000 | D | — | Oct 29, 2022 | Common Stock | 22,000 | 46,397 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on February 20, 2015.
- F2Reflects the weighted average sale price. The range of prices for these transactions was $34.51 to $34.84. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
- F3The options vest annually in four equal installments beginning on October 18, 2011.
- F4The options vest annually in four equal installments beginning on October 25, 2012.
- F5The options vest annually in four equal installments beginning on October 28, 2013.