SEC Form 4 · accession 0001179110-15-006389
Liberty Tax, Inc. · TAXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George T Robson
Director
Period of report
Apr 15, 2015
Accepted (ET)
Apr 17, 2015 · 12:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528930
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Apr 15, 2015 | M | 10,000 | $15.00 | A | 23,826 | D | |
| Class A Common StockF1 | Apr 15, 2015 | F | 5,286 | $28.8414 | D | 18,540 | 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 Options (Right to Buy) | $15.00 | Apr 15, 2015 | M | 10,000 | D | Dec 4, 2010 | Jun 4, 2015 | Class A Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Reflects 5,286 shares sold by a broker-dealer at an average market price of $28.8414 per share less an exercise price of $15.00 per share to fund the cashless exercise of 4,714 options owned by George T. Robson, which cashless exercise was approved by Board of Directors.