SEC Form 4 · accession 0001209191-16-154963
SCANSOURCE, INC. · SCSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J. Ellsworth
Officer — EVP, Gen Counsel &Corp Sec
Period of report
Dec 10, 2016
Accepted (ET)
Dec 13, 2016 · 5:24 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 StockF1 | Dec 10, 2016 | F | 1,503 | $40.40 | D | 14,647 | D | |
| Common Stock | Dec 12, 2016 | M | 3,900 | $32.13 | A | 18,547 | D | |
| Common StockF2 | Dec 12, 2016 | S | 3,900 | $40.17 | D | 14,647 | D | |
| Common Stock | Dec 13, 2016 | M | 100 | $32.13 | A | 14,747 | D | |
| Common Stock | Dec 13, 2016 | M | 4,000 | $36.69 | A | 18,747 | D | |
| Common Stock | Dec 13, 2016 | S | 6,100 | $40.00 | D | 12,647 | D |
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 buy)F3 | $32.13 | Dec 12, 2016 | M | 3,900 | D | — | Jun 20, 2017 | Common Stock | 3,900 | 100 | D |
| Employee Stock Option (right to buy)F3 | $32.13 | Dec 13, 2016 | M | 100 | D | — | Jun 20, 2017 | Common Stock | 100 | 0 | D |
| Employee Stock Option (right to buy)F3 | $36.69 | Dec 13, 2016 | M | 4,000 | D | — | Dec 7, 2017 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Reflects shares withheld in satisfaction of tax withholding obligations upon vesting of restricted stock. This is a non-market transaction.
- F2The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.45, 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 option vested in one-third increments on the anniversary of the grant date over three years.