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Regional Management Corp. — Director's Dealing 2021
Nov 13, 2021
33053_dirs_2021-11-12_31ae4347-0f7a-45bd-9fca-9db486c19708.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Regional Management Corp. (RM)
CIK: 0001519401
Period of Report: 2021-11-09
Reporting Person: Fisher Brian J. (EVP, Chief Strat/Dev Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-09 | Common Stock | M | 9644 | $17.76 | Acquired | 44009 | Direct |
| 2021-11-09 | Common Stock | M | 11500 | $15.06 | Acquired | 55509 | Direct |
| 2021-11-09 | Common Stock | M | 13143 | $14.75 | Acquired | 68652 | Direct |
| 2021-11-09 | Common Stock | F | 20681 | $60.33 | Disposed | 47971 | Direct |
| 2021-11-11 | Common Stock | S | 4860 | $60.44 | Disposed | 43111 | Direct |
| 2021-11-12 | Common Stock | S | 100 | $60.21 | Disposed | 43011 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-09 | Employee Stock Option (right to buy) | $17.76 | M | 9644 | Disposed | 2024-10-01 | Common Stock (9644) | Direct |
| 2021-11-09 | Employee Stock Option (right to buy) | $15.06 | M | 11500 | Disposed | 2025-03-11 | Common Stock (11500) | Direct |
| 2021-11-09 | Employee Stock Option (right to buy) | $14.75 | M | 13143 | Disposed | 2025-04-22 | Common Stock (13143) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. These shares were withheld by the issuer (1) for the payment of the exercise prices based on the market price of the issuer's common stock at the time of the option exercises on November 9, 2021; and (2) in satisfaction of tax withholding obligations upon the exercise of the stock options. These are non-market transactions.
F2: Represents the closing market price of the issuer's common stock at the time of the option exercises on November 9, 2021.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.01 to $60.91, inclusive. The reporting person undertakes to provide to Regional Management Corp., any security holder of Regional Management Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold and the price at which such shares were sold.
F4: The option vested and became exercisable in three equal installments on each of December 31, 2015, December 31, 2016, and December 31, 2017. The option is now fully exercisable.