SEC Form 4 · accession 0001209191-15-087526
SCANSOURCE, INC. · SCSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Baur
Officer — CEO · Director
Period of report
Dec 29, 2015
Accepted (ET)
Dec 31, 2015 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000918965
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 29, 2015 | M | 28,085 | $27.48 | A | 43,368 | D | |
| Common StockF2 | Dec 29, 2015 | S | 28,085 | $33.70 | D | 15,283 | D | |
| Common Stock | Dec 30, 2015 | M | 14,680 | $27.48 | A | 29,963 | D | |
| Common StockF3 | Dec 30, 2015 | S | 14,680 | $33.36 | D | 15,283 | D | |
| Common Stock | Dec 31, 2015 | M | 16,347 | $27.48 | A | 31,630 | D | |
| Common StockF4 | Dec 31, 2015 | S | 16,347 | $32.61 | D | 15,283 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase OptionF5 | $27.48 | Dec 29, 2015 | M | 28,085 | D | — | Jan 5, 2016 | Common Stock | 28,085 | 46,851 | D |
| Common Stock Purchase OptionF5 | $27.48 | Dec 30, 2015 | M | 14,680 | D | — | Jan 5, 2016 | Common Stock | 14,680 | 32,171 | D |
| Common Stock Purchase OptionF5 | $27.48 | Dec 31, 2015 | M | 16,347 | D | — | Jan 5, 2016 | Common Stock | 16,347 | 15,824 | D |
Explanation of responses
- F1The transactions covered by this Form 4 have been affected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on March 12, 2015. which is intended to comply with rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended.
- F2The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $33.31 to $34.17 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $33.18 to $33.68 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $32.21 to $32.93 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The option vested in one-third increments on January 5 of 2007, 2008 and 2009.