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SCANSOURCE, INC. — Director's Dealing 2016
Feb 25, 2016
32256_dirs_2016-02-24_4358a112-2b78-4aae-a966-4fac96d6ef43.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCANSOURCE INC (SCSC)
CIK: 0000918965
Period of Report: 2016-02-22
Reporting Person: BAUR MICHAEL L (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-22 | Common Stock | M | 13706 | $29.80 | Acquired | 26513 | Direct |
| 2016-02-22 | Common Stock | S | 13706 | $37.17 | Disposed | 12807 | Direct |
| 2016-02-23 | Common Stock | M | 17978 | $29.80 | Acquired | 30785 | Direct |
| 2016-02-23 | Common Stock | S | 17978 | $37.00 | Disposed | 12807 | Direct |
| 2016-02-24 | Common Stock | M | 21822 | $29.80 | Acquired | 34629 | Direct |
| 2016-02-24 | Common Stock | S | 15892 | $36.84 | Disposed | 18607 | Direct |
| 2016-02-24 | Common Stock | S | 5930 | $37.46 | Disposed | 12807 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-22 | Common Stock Purchase Option | $29.80 | M | 13706 | Disposed | 2022-12-07 | Common Stock (13706) | Direct |
| 2016-02-23 | Common Stock Purchase Option | $29.80 | M | 17978 | Disposed | 2022-12-07 | Common Stock (17978) | Direct |
| 2016-02-24 | Common Stock Purchase Option | $29.80 | M | 21822 | Disposed | 2022-12-07 | Common Stock (21822) | Direct |
Footnotes
F1: The transactions covered by this Form 4 have been affected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on March 12, 2015. which is intended to comply with rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended.
F2: The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $36.91 to $37.87 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $36.56 to $37.40 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4: The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $36.37 to $37.36 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5: The price reported in column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $37.37 to $37.56 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6: The option vested in one-third increments on the anniversary of the grant date over three years.