Andrew C. Plummer - Oct 27, 2023 Form 4 Insider Report for AMCON DISTRIBUTING CO (DIT)

Role
President and COO, Director
Signature
/s/ Andrew C. Plummer
Stock symbol
DIT
Transactions as of
Oct 27, 2023
Transactions value $
$0
Form type
4
Date filed
10/31/2023, 05:00 PM
Previous filing
Oct 26, 2023

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 +1.67K +4.84% 36.1K Oct 27, 2023 Direct F1

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 -1.67K -100% $0.00* 0 Oct 27, 2023 Common Stock 1.67K Direct F1
* 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 vested as to one-third of the original 5,000 RSU award on October 27, 2021, October 27, 2022, and October 27, 2023. On the October 27, 2023 vesting date, RSUs were settled for 1,667 shares of common stock.