Andrew C. Plummer - Oct 22, 2021 Form 4 Insider Report for AMCON DISTRIBUTING CO (DIT)

Role
President and COO, Director
Signature
Andrew C. Plummer
Stock symbol
DIT
Transactions as of
Oct 22, 2021
Transactions value $
$0
Form type
4
Date filed
10/26/2021, 05:13 PM
Next filing
Oct 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIT Common Stock, par value $.01 per share Options Exercise +683 +2.98% 23.6K Oct 22, 2021 Direct F1
transaction DIT Common Stock, par value $.01 per share Options Exercise +684 +2.9% 24.3K Oct 23, 2021 Direct F2

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 DIT Restricted Stock Units Options Exercise $0 -683 -49.96% $0.00 684 Oct 22, 2021 Common Stock 683 Direct F1
transaction DIT Restricted Stock Units Options Exercise $0 -684 -100% $0.00* 0 Oct 23, 2021 Common Stock 684 Direct F2
holding DIT Restricted Stock Units 5K Oct 22, 2021 Common Stock 5K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 total original 2,050 RSU award on October 22, 2020, October 22, 2021, and October 22, 2022. On the October 22, 2021 vesting date RSUs were settled for 683 shares of common stock.
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 2,050 RSU award on October 23, 2019, October 23, 2020, and October 23, 2021. On the October 23, 2021 vesting date RSUs were settled for 684 shares of common stock.
F3 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 5,000 RSU award on October 27, 2021, October 27, 2022, and October 27, 2023.