John L. Calmes Jr - Dec 1, 2023 Form 4 Insider Report for WORLD ACCEPTANCE CORP (WRLD)

Role
Executive Vice President, Chief Financial & Strategy Officer, and Treasurer
Signature
/s/Bert De Los Santos Attorney-in-fact
Stock symbol
WRLD
Transactions as of
Dec 1, 2023
Transactions value $
-$176,553
Form type
4
Date filed
12/4/2023, 05:18 PM
Previous filing
Oct 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction WRLD COMMON STOCK, NO PAR VALUE +Options Exercise $270,375 +3,125 +10.9% $86.52 31,790 Dec 1, 2023 Direct
transaction WRLD COMMON STOCK, NO PAR VALUE +Options Exercise $292,005 +3,375 +10.62% $86.52 35,165 Dec 1, 2023 Direct
transaction WRLD COMMON STOCK, NO PAR VALUE -Sell -$34,443 -313 -0.89% $110.04 34,852 Dec 1, 2023 Direct F1
transaction WRLD COMMON STOCK, NO PAR VALUE -Sell -$87,857 -792 -2.27% $110.93 34,060 Dec 1, 2023 Direct F2
transaction WRLD COMMON STOCK, NO PAR VALUE -Sell -$78,449 -700 -2.06% $112.07 33,360 Dec 1, 2023 Direct F3
transaction WRLD COMMON STOCK, NO PAR VALUE -Sell -$79,614 -702 -2.1% $113.41 32,658 Dec 1, 2023 Direct F4
transaction WRLD COMMON STOCK, NO PAR VALUE -Sell -$308,847 -2,695 -8.25% $114.60 29,963 Dec 1, 2023 Direct F5
transaction WRLD COMMON STOCK, NO PAR VALUE -Sell -$149,724 -1,298 -4.33% $115.35 28,665 Dec 1, 2023 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WRLD EMPLOYEE STOCK OPTION, RIGHT TO BUY -Options Exercise $0 -3,125 -100% $0.00 0 Dec 1, 2023 COMMON STOCK, NO PAR VALUE 3,125 $86.52 Direct
transaction WRLD EMPLOYEE STOCK OPTION, RIGHT TO BUY -Options Exercise $0 -3,375 -100% $0.00 0 Dec 1, 2023 COMMON STOCK, NO PAR VALUE 3,375 $86.52 Direct

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 The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $109.45 to $110.37. 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.
F2 The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $110.51 to $111.40. 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.
F3 The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $111.64 to $112.48. 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.
F4 The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $112.99 to $113.75. 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.
F5 The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $114.08 to $115.01. 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.
F6 The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $115.10 to $115.85. 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.

Remarks:

Executive Vice President, Chief Financial & Strategy Officer, and Treasurer