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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 12.68 | 11/06/2007 | D(2) | 8,000 | (3) | 01/02/2013 | Common Stock | 8,000 | (2) | 4,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 14.16 | 11/06/2007 | A(2) | 8,000 | (3) | 01/02/2013 | Common Stock | 8,000 | (2) | 8,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 23.06 | 11/06/2007 | D(2) | 6,000 | (4) | 01/02/2014 | Common Stock | 6,000 | (2) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 24.73 | 11/06/2007 | A(2) | 6,000 | (4) | 01/02/2014 | Common Stock | 6,000 | (2) | 6,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 29.7 | 11/06/2007 | D(2) | 6,000 | (5) | 01/05/2015 | Common Stock | 6,000 | (2) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 33.92 | 11/06/2007 | A(2) | 6,000 | (5) | 01/05/2015 | Common Stock | 6,000 | (2) | 6,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 27.48 | 11/06/2007 | D(2) | 8,000 | (6) | 01/05/2016 | Common Stock | 8,000 | (2) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 29.44 | 11/06/2007 | A(2) | 8,000 | (6) | 01/05/2016 | Common Stock | 8,000 | (2) | 8,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Benbenek R Scott 6 LOGUE COURT GREENVILLE, SC 29615 |
President Worldwide Operations |
By: /s/ R. Scott Benbenek | 11/08/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 85 shares acquired through the ScanSource, Inc. employee stock purchase plan since the reporting person's last ownership report. |
(2) | The reporting person entered into an agreement, dated November 6, 2007, with ScanSource, Inc. ("the Company") to increase the exercise prices of the options to the fair market value of a share of the Company's common stock on the accounting measurement date for the grant, resulting in they deemed to be cancellation of the "old" options and the grant of replacement options. |
(3) | The option was originally granted on January 2, 2003 and vests in one-third increments on the anniversary of the grant date over three years. |
(4) | The option was originally granted on January 2, 2004 and vests in one-third increments on the anniversary of the grant date over three years. |
(5) | The option was orignally granted on January 5, 2005 and vests in one-third increments on the anniversary of the grant date over three years. |
(6) | The option was orignally granted on January 5, 2006 and vests in one-third increments on the anniversary of the grant date over three years. |