Filing Details
- Accession Number:
- 0001551858-18-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-07 13:48:28
- Reporting Period:
- 2018-08-03
- Accepted Time:
- 2018-08-07 13:48:28
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1528930 | Liberty Tax Inc. | TAX | Patent Owners & Lessors (6794) | 273561876 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1551858 | Steven Ibbotson | 150, 3015 5Th Avenue Ne Calgary A0 T2A 6T8 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2018-08-03 | 95,137 | $8.54 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2018-08-03 | 8,400 | $8.54 | 0 | No | 4 | S | Indirect | By 714717 Alberta, Ltd. |
| Special Voting Preferred Stock | Disposition | 2018-08-03 | 10 | $0.00 | 0 | No | 4 | C | Indirect | By Datatax Business Services, Ltd. |
| Class A Common Stock | Acquisiton | 2018-08-03 | 1,000,000 | $0.00 | 3,000,000 | No | 4 | C | Indirect | By Datatax Business Services, Ltd. |
| Class A Common Stock | Disposition | 2018-08-03 | 3,000,000 | $8.54 | 0 | No | 4 | S | Indirect | By Datatax Business Services, Ltd. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By 714717 Alberta, Ltd. |
| No | 4 | C | Indirect | By Datatax Business Services, Ltd. |
| No | 4 | C | Indirect | By Datatax Business Services, Ltd. |
| No | 4 | S | Indirect | By Datatax Business Services, Ltd. |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Exchangeable Shares | Disposition | 2018-08-03 | 1,000,000 | $0.00 | 1,000,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect |
Footnotes
- On August 3, 2018, the Reporting Person entered into an agreement to sell all shares of the Issuer's common stock directly and indirectly beneficially owned by the Reporting Person to Vintage Tributum LP in a private transaction (the "Private Sale").
- In connection with the Private Sale, Datatax Business Services Limited, an entity 100% owned by the Reporting Person, through which the Reporting Person indirectly beneficially owned shares of the Issuer, converted 1,000,000 Exchangeable Shares of Liberty Tax Holding Corporation, a wholly-owned subsidiary of the Issuer (the "Exchangeable Shares") and 10 shares of the Issuer's Special Voting Preferred Stock (the "Special Voting Preferred Stock") into 1,000,000 shares of the Issuer's Class A Common Stock.
- The Exchangeable Shares and Special Voting Preferred Stock were convertible into Class A Common Stock at any time and had no expiration date.
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