SEC Form 4 · accession 0001179110-16-032873
Liberty Tax, Inc. · TAXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas S Daniels
Officer — Chief Accounting Officer
Period of report
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528930
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Dec 9, 2016 | A | 2,060 | A | — | — | Class A Common Stock | 2,060 | 2,060 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents the right to receive, at settlement, one share of Class A Common Stock.
- F2Each year for three years starting December 9, 2017, one-third of the Restricted Stock Units shall become vested provided that the Employee is in the employ of the Company at the time of vesting.