SEC Form 4 · accession 0000768835-17-000035
BIG LOTS INC · BIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Allen Schlonsky
Officer — Executive Vice President
Period of report
Mar 29, 2017
Accepted (ET)
Mar 31, 2017 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000768835
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 29, 2017 | A | 17,103 | $0.00 | A | 54,207 | D | |
| Common Stock | Mar 29, 2017 | F | 8,201 | $48.71 | D | 46,006 | D | |
| Common StockF3 | Mar 29, 2017 | S | 600 | $47.69 | D | 45,406 | D | |
| Common StockF4 | Mar 29, 2017 | S | 4,200 | $48.38 | D | 41,206 | D | |
| Common StockF5 | Mar 29, 2017 | S | 4,102 | $49.17 | D | 37,104 | D | |
| Common StockF6 | holding | — | — | — | 3,162 | I | By the 401(k) Plan | |
| Common StockF7 | holding | — | — | — | 3,300 | I | By the Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The issuer witheld common shares to satisfy taxes applicable to the vesting of an equity award for the reporting person.
- F2The sales reported in this Form 4 were made pursuant to a plan intended to comply with Rule 10b5-1.
- F3The value represents the weighted average sale price for the transactions reported on the corresponding line. The actual sales prices for the transactions reported on the corresponding line ranged from $46.95 to $47.94. The reporting person undertakes to provide (upon request by the SEC, the issuer or a security holder of the issuer) full information regarding the number of shares sold at each separate price.
- F4The value represents the weighted average sale price for the transactions reported on the corresponding line. The actual sales prices for the transactions reported on the corresponding line ranged from $47.98 to $48.93. The reporting person undertakes to provide (upon request by the SEC, the issuer or a security holder of the issuer) full information regarding the number of shares sold at each separate price.
- F5The value represents the weighted average sale price for the transactions reported on the corresponding line. The actual sales prices for the transactions reported on the corresponding line ranged from $49.00 to $49.28. The reporting person undertakes to provide (upon request by the SEC, the issuer or a security holder of the issuer) full information regarding the number of shares sold at each separate price.
- F6Common Stock held under the Big Lots Savings Plan ("401(k) Plan"). This information is based on a 401(k) Plan report dated March 31, 2017.
- F7The reporting person was appointed trustee of the Joseph Schlonsky 2007 Trust (the "Trust") on September 30, 2012. The reporting person's sibling is the sole beneficiary of the Trust.