SEC Form 4 · accession 0001179110-18-009842
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
Jul 18, 2018
Accepted (ET)
Jul 19, 2018 · 9:50 pm EDT
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 | Jul 18, 2018 | S | 1,750 | $18.2501 | D | 1,673,827 | I | by: Winston Foundation |
| Common StockF2,F1 | Jul 19, 2018 | S | 20,853 | $18.30 | D | 1,652,974 | I | by: Robert B. Barnhill, Jr. 2016 Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All shares are owned directly or in a revocable trust of the reporting person, except for the following shares, which are owned indirectly: 2,644 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 and 3,000 shares to be issued only upon satisfaction of the applicable Restricted Stock Unit vesting requirements.
- F2Sold at a range of between $18.175 and $18.45 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.