SEC Form 4 · accession 0001179110-18-003993
TESSCO TECHNOLOGIES INC · TESS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert B Barnhill Jr.
Director · 10% Owner
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000927355
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F5 | Mar 7, 2018 | S | 7,645 | $21.21 | D | 1,766,296 | I | by: Robert B. Barnhill, Jr. 2016 Revocable Trust |
| Common StockF1,F3,F5 | Mar 8, 2018 | S | 11,710 | $20.95 | D | 1,754,586 | I | by: Robert B. Barnhill, Jr. 2016 Revocable Trust |
| Common StockF1,F4,F5 | Mar 9, 2018 | S | 58,782 | $21.13 | D | 1,695,804 | I | by: Robert B. Barnhill, Jr. 2016 Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sold pursuant a 10b5-1 stock trading plan under which the Reporting Person is selling or has directed the sale of a portion of those holdings owned directly or beneficially or otherwise controlled by the Reporting Person, as part of the Reporting Person's individual strategy for tax and estate planning.
- F2Sold at a range of between $21.00 and $21.575 per share. The sale price represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The Reporting Person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price within the ranges set forth in footnotes 2, 3 and 4.
- F3Sold at a range of between $20.90 and $21.1375 per share. The sale price represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F4Sold at a range of between $21.00 and $21.55 per share. The sale price represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F5All shares are owned directly or in a revocable trust of the reporting person, except for the following shares, which are owned indirectly: 2,661 shares which are owned through 401(k) plan, 325,500 that are owned by the Reporting Person's spouse and children and 21,500 shares held by a charitable trust.