SEC Form 4 · accession 0001179110-18-010349
Liberty Tax, Inc. · TAXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ellen M McDowell
Director
Period of report
Aug 3, 2018
Accepted (ET)
Aug 7, 2018 · 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 StockF1 | Aug 3, 2018 | M | 1,988 | — | A | 46,261 | 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 | — | Aug 3, 2018 | M | 1,988 | D | — | — | Class A Common Stock | 1,988 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, upon vesting, one share of Class A Common Stock.
- F2In connection with the Reporting Person's resignation from the Issuer's Board of Directors, the restricted stock unit award granted on December 14, 2017 vested in full on August 3, 2018.
- F3Represents the conversion upon vesting of restricted stock units into Class A Common Stock. On December 14, 2017, the reporting person was granted 1988 restricted stock units, of which all of the shares subject to the restricted stock units vested on August 3, 2018 in connection with the Reporting Person's resignation from the Issuer's Board of Directors. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on December 18, 2017.