SEC Form 4 · accession 0001209191-17-021507
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
Mar 16, 2017
Accepted (ET)
Mar 17, 2017 · 5:34 pm EDT
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 | Mar 16, 2017 | M | 17,721 | $36.69 | A | 51,572 | D | |
| Common StockF2 | Mar 16, 2017 | S | 17,721 | $40.03 | D | 33,851 | D | |
| Common Stock | Mar 17, 2017 | M | 32,279 | $36.69 | A | 66,130 | D | |
| Common StockF3 | Mar 17, 2017 | S | 31,979 | $40.31 | D | 34,151 | D | |
| Common Stock | Mar 17, 2017 | S | 300 | $40.65 | 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 OptionF4 | $36.69 | Mar 16, 2017 | M | 17,721 | D | — | Dec 7, 2017 | Common Stock | 17,721 | 82,279 | D |
| Common StockF4 | $36.69 | Mar 17, 2017 | M | 32,279 | D | — | Dec 7, 2017 | Common Stock | 32,279 | 50,000 | D |
Explanation of responses
- F1The transactions covered by this Form 4 have been effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person.
- F2The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $39.75 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 price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $39.65 to $40.60 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 option vested in one-third increments on the anniversary of the grant date over three years.