SEC Form 4 · accession 0001179110-15-010585
Liberty Tax, Inc. · TAXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard G Artese
Officer — VP, Chief Information Officer
Period of report
Jun 30, 2015
Accepted (ET)
Jul 1, 2015 · 4:44 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 StockF3 | Jun 30, 2015 | M | 278 | — | A | 278 | D | |
| Class A Common StockF4 | Jun 30, 2015 | F | 107 | $24.52 | D | 171 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | — | Jun 30, 2015 | M | 278 | D | — | — | Class A Common Stock | 278 | 0 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted stock units into common stock. On September 20, 2013, the reporting person was granted 278 restricted stock units, of which all of the shares subject to the restricted stock units vested on June 30, 2015. Such restricted units were previously reported in Table II on a Form 4 filed with the Securities Exchange Commission on May 1, 2014.
- F2This restricted stock unit award was granted on September 20, 2013 and vested in full on June 30, 2015.
- F3Each restricted stock unit represents the right to receive, at settlement, one share of Class A Common Stock.
- F4Reflects 107 shares withheld by Issuer at the market price of $24.52 per share to fund the payment of taxes for the grant.