Home > Insider Trading > Filing (0001179110-12-003359)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1299704	Advance America Cash Advance Centers Inc.	AEA	Personal Credit Institutions (6141)	582332639

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1337250	E Kenneth Compton	135 North Church Street Spartanburg SC 29306		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-02-21	45,000	$8.54	210,594	No	4	M	Direct
Common Stock	Disposition	2012-02-21	39,621	$10.41	170,973	No	4	F	Direct
Common Stock	Disposition	2012-02-21	77,173	$10.41	93,800	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2012-02-21	45,000	$0.00	45,000	$8.54

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-02-28	2012-02-28	No	4	M	Direct

Footnotes

The Reporting Person exercised options to purchase 45,000 shares of common stock at an exercise price of $8.54 per share. Based on the average of the high and low stock prices on February 21, 2012 of $10.41 per share, a total of 39,621 shares were withheld by the Issuer in order to satisfy (i) payment of the exercise price and (ii) tax withholding obligations.
The transactions reported on this line were effected pursuant to a Rule 10b5-1 sales plan at per share prices ranging between $10.39 and $10.43. The weighted average sale price was $10.4064 per share. The Reporting Person shall provide, upon request by the Commission Staff, the issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.