Leonard L. Walthall - May 26, 2021 Form 4 Insider Report for AMERICAS CARMART INC (CRMT)

Role
Chief Operating Officer
Signature
/s/ Courtney C. Crouch, III, Pursuant to a Power of Attorney
Stock symbol
CRMT
Transactions as of
May 26, 2021
Transactions value $
-$980,055
Form type
4
Date filed
5/27/2021, 08:25 PM
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRMT Common Stock Sale -$685K -4K -21.39% $171.37 14.7K May 26, 2021 Direct F1
transaction CRMT Common Stock Options Exercise $1.09M +10K +68.03% $109.06 24.7K May 27, 2021 Direct F1
transaction CRMT Common Stock Tax liability -$1.39M -7.94K -32.14% $174.52 16.8K May 27, 2021 Direct F1, 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 CRMT Employee Stock Option (Right to Buy) Options Exercise $0 -10K -20% $0.00 40K May 27, 2021 Common Stock 10K $109.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 0.88 share held by the reporting person under the America's Car-Mart, Inc. Employee Stock Purchase Plan.
F2 Includes 6,249 shares withheld by the issuer to pay the exercise price pursuant to the "net exercise" arrangement and 1,688 shares withheld by the issuer to satisfy the reporting person's tax obligation in connection with this exercise.
F3 The shares underlying this option consisted of 50,000 shares which vest in five equal annual installments beginning on December 30, 2020.