SEC Form 4 · accession 0001179110-18-009874
Liberty Tax, Inc. · TAXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Hewitt
Director · 10% Owner
Period of report
Jul 19, 2018
Accepted (ET)
Jul 23, 2018 · 9:31 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 | Jul 19, 2018 | S | 1,595,813 | $8.70 | D | 0 | D | |
| Class A Common Stock | Jul 19, 2018 | S | 150,852 | $8.70 | D | 0 | I | Individual Retirement Account |
| Class B Common Stock | Jul 19, 2018 | S | 200,000 | $8.70 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 19, 2018, the Reporting Person entered into an agreement to sell the following shares of Issuer's common stock to Vintage Tributum LP in a private transaction: (i) 1,595,813 shares of Issuer's Class A common stock directly held, (ii) 150,852.03 shares of Issuer's Class A common stock indirectly held in Reporting Person's individual retirement account and (iii) 200,000 shares of Issuer's Class B common stock. In connection with the sale, the 200,000 shares of the Issuer's Class B common stock will convert into shares of the Issuer's Class A common stock.