SEC Form 4 · accession 0000916365-19-000026
TRACTOR SUPPLY CO /DE/ · TSCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad Michael Frazell
Officer — SVP Human Resources
Period of report
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000916365
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Feb 6, 2019 | A | 2,019 | $0.00 | A | 10,678 | D | |
| Common stockF2 | Feb 7, 2019 | A | 2,687 | $0.00 | A | 13,365 | D | |
| Common stockF3 | Feb 7, 2019 | F | 218 | $89.835 | D | 13,147 | D | |
| Common stock | holding | — | — | — | 973 | I | Stock Purchase 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 optionF4 | $89.59 | Feb 6, 2019 | A | 7,165 | A | — | Feb 6, 2029 | Common stock | 7,165 | 7,165 | D |
Explanation of responses
- F1Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Omnibus Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock. The RSUs vest as follows: 33 1/3% on February 6, 2020, 33 1/3% on February 6, 2021 and 33 1/3% on February 6, 2022.
- F2Represents a vesting of performance-based share units (PSUs) for the period ended December 29, 2018, as certified by the Compensation Committee on February 6, 2019. Each PSU entitles the reporting person to receive one share of common stock. The PSUs vest as follows: 33 1/3% on February 7, 2019, 33 1/3% on February 7, 2020, and 33 1/3% on February 7, 2021.
- F3This transaction represents the number of shares withheld to satisfy tax withholding liabilities upon the vesting of performance-based share units.
- F4Granted pursuant to the 2018 Omnibus Incentive Plan. In general, the shares subject to this option vest and become exercisable as follows: 33 1/3% on February 6, 2020, 33 1/3% on February 6, 2021, and 33 1/3% on February 6, 2022.