SEC Form 4 · accession 0000706688-15-000114
AARON'S INC · AAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Chad Strickland
Officer — V.P., Associate Resources
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 8:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000706688
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 10, 2015 | A | 1,600 | $0.00 | A | 8,970 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $28.04 | Mar 10, 2015 | A | 5,500 | A | — | Mar 10, 2025 | Common Stock | 5,500 | 5,500 | D |
Explanation of responses
- F1Restricted Stock Unit grant vests one-third each year over a three year period beginning March 15, 2016
- F2Included in the amount of securities beneficially owned following the transaction are 8,970 unvested restricted units.
- F3Option vests one-third each year over a three year period beginning on March 15, 2016.