Leonard L. Walthall - 26 May 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
Issuer symbol
CRMT
Transactions as of
26 May 2021
Net transactions value
-$980,055
Form type
4
Filing time
27 May 2021, 20:25:02 UTC
Next filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRMT Common Stock Sale $685,490 -4,000 -21% $171.37 14,699 26 May 2021 Direct F1
transaction CRMT Common Stock Options Exercise $1,090,600 +10,000 +68% $109.06 24,699 27 May 2021 Direct F1
transaction CRMT Common Stock Tax liability $1,385,165 -7,937 -32% $174.52 16,762 27 May 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 -10,000 -20% $0.000000 40,000 27 May 2021 Common Stock 10,000 $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.