Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

AMCON DISTRIBUTING CO Director's Dealing 2020

Oct 29, 2020

34362_dirs_2020-10-29_455cc4f5-8141-4171-9f53-f449a00a93a6.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMCON DISTRIBUTING CO (DIT)
CIK: 0000928465
Period of Report: 2020-10-27

Reporting Person: Schmaderer Charles J. (VP,CFO & Secretary)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-10-27 Restricted Stock Units $ A 500 Acquired 2030-10-27 Common Stock (500) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $.01 per share 766 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ 2029-10-22 Common Stock (334) 334 Direct
Stock Option (Right to Buy) $53.8 2021-10-25 Common Stock (500) 500 Direct
Stock Option (Right to Buy) $62.33 2022-10-23 Common Stock (500) 500 Direct
Stock Option (Right to Buy) $81.03 2025-01-27 Common Stock (500) 500 Direct
Stock Option (Right to Buy) $91.65 2026-10-25 Common Stock (500) 500 Direct
Stock Option (Right to Buy) $90.5 2027-10-24 Common Stock (500) 500 Direct
Stock Option (Right to Buy) $84 2028-10-23 Common Stock (500) 500 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 500 RSU award on October 22, 2020, October 22, 2021 and October 22, 2022.

F2: 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 500 RSU award on October 27, 2021, October 27, 2022, and October 27, 2023.

F3: This option vests in five equal annual installments of 100 shares on each of October 25, 2012, October 25, 2013, October 25, 2014, October 25, 2015 and October 25, 2016.

F4: This option vests in five equal annual installments of 100 shares on each of October 23, 2013, October 23, 2014. October 23, 2015, October 23, 2016 and October 23, 2017.

F5: This option vests in five equal annual installments of 100 shares on each of January 27, 2016, January 27, 2017, January 27, 2018, January 27, 2019 and January 27, 2020.

F6: This option vests in five equal annual installments of 100 shares on each of October 25, 2017, October 25, 2018, October 25, 2019, October 25, 2020 and October 25, 2021.

F7: This option vests in five equal annual installments of 100 shares on each of October 24, 2018, October 24, 2019. October 24, 2020, October 24, 2021 and October 24, 2022.

F8: This option vests in five equal annual installments of 100 shares on each of October 23, 2019, October 23, 2020. October 23, 2021, October 23, 2022 and October 23, 2023.