SEC Form 4 · accession 0001179110-16-030786
Liberty Tax, Inc. · TAXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Herskovits
Director
Period of report
Oct 17, 2016
Accepted (ET)
Oct 19, 2016 · 4:38 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 | Oct 17, 2016 | M | 977 | — | A | 977 | 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 UnitsF1,F2 | — | Oct 17, 2016 | M | 977 | D | — | — | Class A Common Stock | 977 | 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 October 15, 2015 and vested in full October 15, 2016.
- F3Represents the conversion upon vesting of restricted stock units into Class A Common Stock. On October 15, 2015, the reporting person was granted 977 restricted stock units, of which all of the shares subject to the restricted stock units vested on October 15, 2016. Such restricted stock units were previously reported in Table II on the Form 3 filed with the Securities and Exchange Commission on October 16, 2015.