SEC Form 4 · accession 0001209191-16-102040
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
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 6:05 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 | Feb 22, 2016 | M | 13,706 | $29.80 | A | 26,513 | D | |
| Common StockF2 | Feb 22, 2016 | S | 13,706 | $37.17 | D | 12,807 | D | |
| Common Stock | Feb 23, 2016 | M | 17,978 | $29.80 | A | 30,785 | D | |
| Common StockF3 | Feb 23, 2016 | S | 17,978 | $37.00 | D | 12,807 | D | |
| Common Stock | Feb 24, 2016 | M | 21,822 | $29.80 | A | 34,629 | D | |
| Common StockF4 | Feb 24, 2016 | S | 15,892 | $36.84 | D | 18,607 | D | |
| Common StockF5 | Feb 24, 2016 | S | 5,930 | $37.46 | D | 12,807 | 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 OptionF6 | $29.80 | Feb 22, 2016 | M | 13,706 | D | — | Dec 7, 2022 | Common Stock | 13,706 | 39,800 | D |
| Common Stock Purchase OptionF6 | $29.80 | Feb 23, 2016 | M | 17,978 | D | — | Dec 7, 2022 | Common Stock | 17,978 | 21,822 | D |
| Common Stock Purchase OptionF6 | $29.80 | Feb 24, 2016 | M | 21,822 | D | — | Dec 7, 2022 | Common Stock | 21,822 | 0 | 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 $36.91 to $37.87 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 $36.56 to $37.40 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 $36.37 to $37.36 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 price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $37.37 to $37.56 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.
- F6The option vested in one-third increments on the anniversary of the grant date over three years.