SEC Form 4 · accession 0000928465-17-000002
AMCON DISTRIBUTING CO · DIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Charles Plummer
Officer — CFO and Secretary
Period of report
Oct 20, 2017
Accepted (ET)
Oct 23, 2017 · 9:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000928465
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1 | Oct 20, 2017 | M | 683 | — | A | 15,391 | D | |
| Common Stock, par value $.01 per shareF2 | Oct 21, 2017 | M | 684 | — | A | 16,075 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Oct 20, 2017 | M | 683 | D | — | — | Common Stock | 684 | 684 | D |
| Common Stock, par value $.01 per shareF2 | — | Oct 21, 2017 | M | 684 | D | — | — | Common Stock | 0 | 0 | D |
| Restricted Stock UnitsF3 | — | holding | — | — | — | — | — | Common Stock | 2,050 | 2,050 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") give the reporting person the right to receive, subject to being employed on the applicable vesting date, (i) cash equal to the per share Fair Market Value of common stock on the vesting date times the number of shares underlying the RSUs then vesting or (ii) common stock equal to the number of shares underlying the RSUs then vesting, as elected by the reporting person. Subject to earlier forfeiture under certain circumstances, these RSUs vest as to one-third of the total original 2,050 RSU award on October 20, 2016, October 20, 2017, and October 20, 2018. On the October 20, 2017 vesting date RSUs were settled for 683 shares of common stock.
- F2Restricted Stock Units ("RSUs") give the reporting person the right to receive, subject to being employed on the applicable vesting date, (i) cash equal to the per share Fair Market Value of common stock on the vesting date times the number of shares underlying the RSUs then vesting or (ii) common stock equal to the number of shares underlying the RSUs then vesting, as elected by the reporting person. Subject to earlier forfeiture under certain circumstances, these RSUs vest as to one-third of the total original 2,050 RSU award on October 21, 2015, October 21, 2016, and October 21, 2017. On the October 21, 2017 vesting date RSUs were settled for 684 shares of common stock.
- F3Restricted Stock Units ("RSUs") give the reporting person the right to receive, subject to being employed on the applicable vesting date, (i) cash equal to the per share Fair Market Value of common stock on the vesting date times the number of shares underlying the RSUs then vesting or (ii) common stock equal to the number of shares underlying the RSUs then vesting, as elected by the reporting person. Subject to earlier forfeiture under certain circumstances, these RSUs vest as to one-third of the original 2,050 RSU award on October 25, 2017, October 25, 2018, and October 25, 2019.