AMCON DISTRIBUTING CO — Director's Dealing 2014

Oct 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMCON DISTRIBUTING CO (dit)
CIK: 0000928465
Period of Report: 2014-10-25

Reporting Person: HINKEFENT ERIC J (President - CNF and HFA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-25	Common Stock , par value $.01 per share	M	600	—	Acquired	9026	Direct
2014-10-25	Common Stock , par value $.01 per share	F	191	—	Disposed	8835	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-25	Restricted Stock Units	$	M	600	Disposed		Common Stock (0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$62.33	2022-10-23	Common Stock (1500)	1500	Direct

Footnotes

F1: Restricted 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 1,800 RSU award on October 25, 2012, October 25, 2013, and October 25, 2014. On the October 25, 2014 vesting date RSUs were settled for 600 shares of common stock, of which 191 shares were withheld to pay taxes applicable to such settlement.

F2: The original stock option award for 1,500 shares vests and is exercisable in three equal installment beginning October 23, 2013