SEC Form 4 · accession 0001140361-15-012990
CAPITAL SOUTHWEST CORP · CSWC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M Ashbaugh
Officer — Senior Vice President
Period of report
Mar 19, 2015
Accepted (ET)
Mar 23, 2015 · 9:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000017313
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 19, 2015 | M | 18,300 | $29.68 | A | 29,300 | D | |
| Common Stock | Mar 19, 2015 | S | 17,300 | $48.1881 | D | 12,000 | D | |
| Common Stock | Mar 19, 2015 | S | 1,000 | $48.664 | D | 11,000 | D | |
| Common Stock | Mar 20, 2015 | M | 1,700 | $29.68 | A | 12,700 | D | |
| Common Stock | Mar 20, 2015 | S | 1,700 | $48.3367 | D | 11,000 | D | |
| Common Stock | Mar 20, 2015 | M | 2,000 | $23.37 | A | 13,000 | D | |
| Common Stock | Mar 20, 2015 | S | 2,000 | $48.3367 | D | 11,000 | D | |
| Common StockF2 | holding | — | — | — | 10,345 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock OptionF3 | $29.68 | Mar 19, 2015 | M | 18,300 | D | — | Jul 21, 2018 | Common Stock | 18,300 | 1,700 | D |
| Non-qualified Stock OptionF4 | $29.68 | Mar 20, 2015 | M | 1,700 | D | — | Jul 21, 2018 | Common Stock | 1,700 | 0 | D |
| Non-qualified Stock OptionF5 | $23.37 | Mar 20, 2015 | M | 2,000 | D | — | May 15, 2016 | Common Stock | 2,000 | 4,000 | D |
Explanation of responses
- F1On August 16, 2013, the common stock of Capital Southwest Corporation split four-for-one, resulting in the reporting person's ownership of 11,000 shares of common stock prior to the reported transactions.
- F2Reflects ESOP allocations to Mr. Ashbaugh.
- F3The options, representing a right to purchase a total of 20,000 shares following the four-for-one split, became exercisable in five equal annual installments beginning on July 21, 2009.
- F4The options, representing a right to purchase a total of 1,700 shares following the four-for-one split, became exercisable in five equal annual installments beginning on July 21, 2009.
- F5The options, representing a right to purchase a total of 6,000 shares following the four-for-one split, became exercisable in five equal annual installments beginning on May 15, 2007.