SEC Form 4 · accession 0001179110-16-029840
Liberty Tax, Inc. · TAXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Garel
Director
Period of report
Sep 19, 2016
Accepted (ET)
Sep 20, 2016 · 4:42 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 StockF1 | Sep 19, 2016 | M | 938 | — | A | 18,719 | D | |
| Class A Common Stock | holding | — | — | — | 122,388 | I | By Envest II, LLC | |
| Class A Common Stock | holding | — | — | — | 717,727 | I | By Envest III, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Sep 19, 2016 | M | 938 | D | — | — | Class A Common Stock | 938 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, upon vesting, one share of Class A Common Stock.
- F2The restricted stock unit award was granted on September 18, 2015 and vested in full on September 18, 2016.
- F3Represents the conversion upon vesting of restricted stock units into Class A Common Stock. On September 18, 2015, the reporting person was granted 938 restricted stock units, of which all of the shares subject to the restricted stock units vested on September 18, 2016. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on September 22, 2015.