SEC Form 4 · accession 0001683168-18-000522
AMERICAS CARMART INC · CRMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Williams
Officer — President and CEO · Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 27, 2018 · 6:08 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 | Feb 26, 2018 | M | 30,000 | $24.47 | A | 85,279 | D | |
| Common StockF2,F1 | Feb 26, 2018 | F | 21,548 | $51.35 | D | 63,731 | D | |
| Common StockF3 | holding | — | — | — | 2,536 | 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 | Feb 26, 2018 | M | 30,000 | D | — | Nov 26, 2019 | Common Stock | 30,000 | 60,000 | 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 14,296 shares withheld by the issuer to pay the exercise price pursuant to a "net exercise" arrangement and 7,252 shares withheld by the issuer to satisfy the reporting person's tax obligation in connection with this exercise.
- F3Between September 26, 2017 and February 26, 2018, the reporting person acquired 44.9497 shares under the America's Car-Mart, Inc. 401(k) Plan.
- F4The option vested in five equal installments beginning on April 30, 2011.