SEC Form 4 · accession 0001209191-16-153413

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 1, 2016

Accepted (ET)

Dec 5, 2016 · 5:15 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
Common Stock	Dec 1, 2016	M	38,211	$32.13	A	51,018	D
Common Stock^F2	Dec 1, 2016	S	34,706	$36.90	D	16,312	D
Common Stock^F3	Dec 1, 2016	S	3,505	$37.89	D	12,807	D
Common Stock	Dec 2, 2016	A	21,044	$0.00	A	33,851	D
Common Stock	Dec 2, 2016	M	30,893	$32.13	A	64,744	D
Common Stock^F4	Dec 2, 2016	S	30,893	$36.96	D	33,851	D
Common Stock	Dec 5, 2016	M	30,896	$32.13	A	64,747	D
Common Stock^F5	Dec 5, 2016	S	30,896	$37.10	D	33,851	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 Option^F6	$32.13	Dec 1, 2016	M	38,211	D	—	Jun 20, 2017	Common Stock	38,211	61,789	D
Employee Stock Option (right to buy)^F7	$36.95	Dec 2, 2016	A	77,339	A	—	Dec 2, 2026	Common Stock	77,339	77,339	D
Common Stock Purchase Option^F6	$32.13	Dec 2, 2016	M	30,893	D	—	Jun 20, 2017	Common Stock	30,893	30,896	D
Common Stock Purchase Option^F6	$32.13	Dec 5, 2016	M	30,896	D	—	Jun 20, 2017	Common Stock	30,896	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 15, 2016, 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 $36.55 to $37.52 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 $37.55 to $38.00 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 $36.80 to $37.30 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 $36.75 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.
F6The option vested in one-third increments on the anniversary of the grant date over three years.
F7This option vests in one-third increments on each December 10, 2017, 2018 and 2019. This option expires on December 2, 2026.