John F. Wilson - Apr 28, 2023 Form 4 Insider Report for ROLLINS INC (ROL)

Signature
/s/ Elizabeth B. Chandler, Attorney-in-Fact
Stock symbol
ROL
Transactions as of
Apr 28, 2023
Transactions value $
-$1,719,183
Form type
4
Date filed
5/2/2023, 04:14 PM
Previous filing
Feb 21, 2023
Next filing
Jul 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROL Common Stock Sale -$1.72M -40.5K -5.16% $42.45 744K Apr 28, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported is the weighted average price of the shares sold on the Transaction Date. These shares were sold in multiple transactions at prices ranging from $42.39 to $42.52. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the SEC staff upon request, the number of shares and prices at which the transaction was effected.
F2 The amounts reported in this column includes Purchase Plan shares and restricted shares held by the reporting person as of the date of the reported transaction.