SEC Form 4 · accession 0001179110-17-007331

ALMOST FAMILY INC · AFAM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

William B Yarmuth

Officer — CEO · Director

Period of report

May 12, 2017

Accepted (ET)

May 16, 2017 · 5:55 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000799231

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	May 12, 2017	M	20,000	$22.18	A	430,794	D
Common Stock^F17	May 12, 2017	F	11,981	$57.25	D	418,813	D
Common Stock	May 12, 2017	G	10,000	$0.00	D	408,813	D
Common Stock	May 15, 2017	G	8,000	$0.00	D	400,813	D
Common Stock^F1,F18	May 12, 2017	S	4,006	$56.79	D	51,268	I	By family limited partnership
Common Stock^F9,F1,F19	May 15, 2017	S	25,994	$56.83	D	25,274	I	By family limited partnership
Common Stock^F11	holding	—	—		—	51,205	I	By Spouse
Common Stock^F2	holding	—	—		—	5,924	I	By trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (right to buy)^F4,F3	$22.18	May 12, 2017	M	20,000	D	—	Mar 6, 2018	Common Stock	20,000	0	D
Option (right to buy)^F12,F16	$49.05	holding	—	—	—	—	Mar 9, 2027	Common Stock	16,100	16,100	D
Option (right to buy)^F12,F15	$36.03	holding	—	—	—	—	Mar 3, 2026	Common Stock	21,400	21,400	D
Option (right to buy)^F12,F14	$37.28	holding	—	—	—	—	Mar 1, 2025	Common Stock	19,800	19,800	D
Option (right to buy)^F12,F13	$24.28	holding	—	—	—	—	Mar 16, 2024	Common Stock	25,200	25,200	D
Option (right to buy)^F4,F10	$20.89	holding	—	—	—	—	Feb 28, 2023	Common Stock	23,600	23,600	D
Option (right to buy)^F4,F8	$24.16	holding	—	—	—	—	Feb 26, 2022	Common Stock	18,600	18,600	D
Option (right to buy)^F4,F5	$33.27	holding	—	—	—	—	Feb 8, 2019	Common Stock	10,400	10,400	D
Option (right to buy)^F4,F6	$40.13	holding	—	—	—	—	Dec 13, 2019	Common Stock	9,000	9,000	D
Option (right to buy)^F4,F7	$36.69	holding	—	—	—	—	Mar 10, 2021	Common Stock	13,000	13,000	D

Explanation of responses

F1Held by WBY Investments Limited Partnership, LLLP, a family limited partnership of which the reporting person is the sole general partner. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Shares were sold to diversify the family partnership's investment portfolio.
F10The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, March 1, 2013.
F11The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F12Granted pursuant to the 2013 Stock & Incentive Compensation Plan.
F13The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, March 17, 2014.
F14The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, March 2, 2015.
F15The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, March 4, 2016.
F16The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, March 10, 2017.
F17The reporting person delivered 7,748 already-owned shares in payment of the exercise price, and the issuer withheld 4,233 shares in payment of tax liability, in each case, incident to the exercise of stock options issued in accordance with Rule 16b-3. No shares were sold by the reporting person.
F18Weighted average sales price. On 5/12/17, the 4006 shares were sold within a range of $56.75 and $56.975. The reporting person will provide upon request by the Commission Staff,the issuer, or security holder of the issuer, full information regarding the number of shares sold at each separate price.
F19Weighted average sales price. On 5/15/17, the 25,994 shares were sold within a range of $56.75 and $57.175. The reporting person will provide upon request by the Commission Staff,the issuer, or security holder of the issuer, full information regarding the number of shares sold at each separate price.
F25,924 shares consist of 2 individual trusts FBO J.J. Yarmuth and Jacob J. Yarmuth.
F3The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, March 7, 2008.
F4Granted pursuant to the 2007 Stock & Incentive Compensation Plan.
F5The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, February 9, 2009.
F6The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, December 14, 2009.
F7The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, March 11, 2011.
F8The option becomes exercisable in four equal annual installments beginning on the first anniversary of the date of grant, February 27, 2012.
F9The reporting person may also be deemed to be the indirect beneficial owner of 23,943 shares of common stock held in the William B. Yarmuth Family Foundation, Inc., a charitable 501(c)(3) entity. As a tax-exempt organization, no part of the foundation's income can inure to the benefit of a private individual; therefore, the reporting person does not have a pecuniary interest in the foundation's shares and he disclaims any such pecuniary interest for purposes of the reporting requirements under Section 16 of the Securities Exchange Act of 1934.