SEC Form 4 · accession 0000768835-17-000043
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
Apr 24, 2017
Accepted (ET)
Apr 25, 2017 · 4:13 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 | Apr 24, 2017 | M | 15,000 | $41.12 | A | 52,104 | D | |
| Common Stock | Apr 24, 2017 | S | 15,000 | $49.98 | D | 37,104 | D | |
| Common StockF2 | holding | — | — | — | 3,177 | I | By the 401(k) Plan | |
| Common StockF3 | holding | — | — | — | 3,300 | I | By the Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Purchase OptionF4 | $41.12 | Apr 24, 2017 | M | 15,000 | D | Mar 7, 2015 | Mar 7, 2018 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The sale reported in this Form 4 was made pursuant to a plan intended to comply with Rule 10b5-1.
- F2Common Stock held under the Big Lots Savings Plan ("401(k) Plan"). This information is based on a 401(k) Plan report dated April 25, 2017.
- F3The 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.
- F4The date upon which this Stock Purchase Option became fully exercisable.