Thomas W. Smith - Dec 31, 2022 Form 5 Insider Report for WORLD ACCEPTANCE CORP (WRLD)

Role
Member of Section 13(d) Group, 10%+ Owner
Signature
/s/ Thomas W. Smith
Stock symbol
WRLD
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/14/2023, 03:03 PM
Previous filing
Dec 22, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction WRLD Common Stock -Gift $0 -17,000 -3.4% $0.00 483,000 Dec 23, 2022 By Ridgeview Smith Investments LLC F1, F2
transaction WRLD Common Stock +Gift $0 +17,000 +33.6% $0.00 67,600 Dec 23, 2022 By Thomas W. Smith Family Accounts F1, F3
holding WRLD Common Stock 67,640 Dec 31, 2022 By Prescott Investors Profit Sharing Trust F4
holding WRLD Common Stock 10,000 Dec 31, 2022 By Thomas W. Smith Foundation F5

Explanation of Responses:

Id Content
F1 This transaction involved a gift of securities by Ridgeview Smith Investments LLC ("Ridgeview"), a limited liability company established by Mr. Smith for the benefit of his family, to an investment account established for the benefit of Mr. Smith's wife. Mr. Smith disclaims beneficial ownership of the shares held for the benefit of his wife except to the extent of his pecuniary interest therein, and this report should not be deemed an admission that Mr. Smith is the beneficial owner of his wife's shares for purposes of Section 16 or for any other purpose.
F2 These shares are owned directly by Ridgeview and are beneficially owned indirectly by Mr. Smith as trustee of a revocable trust he established for the benefit of his family and which is the sole member of Ridgeview. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-1(a)(2)(iii). The address of Ridgeview is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
F3 These shares are owned directly by investment accounts established for the benefit of certain family members of Thomas W. Smith. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F4 These shares are owned directly by the Prescott Investors Profit Sharing Trust (the "Trust"), for which Mr. Smith serves as a trustee. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-8(b)(2)(ii). The address of the Trust is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
F5 These shares are owned directly by the Thomas W. Smith Foundation (the "Foundation") and are beneficially owned indirectly by Thomas W. Smith as trustee of the Foundation. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under 16a-8(b)(2)(ii). The address for the Foundation is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.

Remarks:

The filing of this report shall not be deemed to be an admission that the Reporting Persons comprise a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. The Reporting Persons each disclaim beneficial ownership of the shares included in this report except to the extent of their pecuniary interest in such shares.