SEC Form 4 · accession 0001683168-17-000049
AMERICAS CARMART INC · CRMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Williams
Officer — Pres., CFO and Secretary · Director
Period of report
Jan 5, 2017
Accepted (ET)
Jan 9, 2017 · 8:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000799850
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 5, 2017 | M | 30,000 | $24.47 | A | 57,417 | D | |
| Common StockF2,F1 | Jan 5, 2017 | F | 22,967 | $45.55 | D | 34,450 | D | |
| Common StockF3 | holding | — | — | — | 2,383 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option Right to BuyF4 | $24.47 | Jan 5, 2017 | M | 30,000 | D | — | Nov 26, 2019 | Common Stock | 30,000 | 90,000 | D |
Explanation of responses
- F1Includes 2,014 shares held by the reporting person under the America's Car-Mart, Inc. Employee Stock Purchase Plan.
- F2Includes 16,116 shares withheld by the issuer to pay the exercise price pursuant to a "net exercise" arrangement and 6,851 shares withheld by the issuer to satisfy the reporting person's tax obligation in connection with this exercise.
- F3Between April 30, 2015 and January 5, 2017, the reporting person acquired 248.5006 shares under the America's Car-Mart, Inc. 401(k) Plan.
- F4The option vested in five equal installments beginning on April 30, 2011.