Filing Details
- Accession Number:
- 0000706688-20-000116
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-04 19:55:44
- Reporting Period:
- 2020-07-31
- Accepted Time:
- 2020-08-04 19:55:44
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 706688 | Aaron's Inc | AAN | Services-Equipment Rental & Leasing, Nec (7359) | 580687630 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1606049 | W John Robinson | 400 Galleria Parkway Se, Suite 300 Atlanta GA 30339 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2020-07-31 | 104,649 | $51.45 | 202,864 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-07-31 | 19,738 | $52.19 | 183,126 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-07-31 | 160,919 | $27.80 | 344,045 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-07-31 | 182,250 | $22.64 | 526,295 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-07-31 | 147,180 | $27.18 | 673,475 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-07-31 | 353,719 | $52.18 | 319,756 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2020-08-03 | 132,017 | $51.87 | 187,739 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-08-03 | 4,613 | $52.69 | 183,126 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options (Right to Buy) | Acquisiton | 2020-07-31 | 160,919 | $0.00 | 160,919 | $27.80 |
| Common Stock | Stock Options (Right to Buy) | Acquisiton | 2020-07-31 | 182,250 | $0.00 | 182,250 | $22.64 |
| Common Stock | Stock Options (Right to Buy) | Acquisiton | 2020-07-31 | 147,180 | $0.00 | 147,180 | $27.18 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-12-05 | No | 4 | M | Direct | |
| 0 | 2026-02-26 | No | 4 | M | Direct | |
| 0 | 2027-02-24 | No | 4 | M | Direct |
Footnotes
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.94 to $51.93 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.94 to $52.37 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Represents shares forfeited to pay the exercise price and tax liability associated with the exercise of stock options on July 31, 2020. Shares forfeited in this manner are not eligible for reissuance under the Aaron's, Inc. Amended and Restated 2015 Equity and Incentive Plan.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.53 to $52.49 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.54 to $53.02 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- These options vested in three equal increments on each of November 10, 2015, 2016 and 2017.
- These options vested in three equal increments on each of March 15, 2017, 2018 and 2019.
- These options vested in three equal increments on each of March 15, 2018, 2019 and 2020.
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