Sec Form 4 Filing - VASSALLUZZO SCOTT J @ WORLD ACCEPTANCE CORP - 2013-05-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
VASSALLUZZO SCOTT J
2. Issuer Name and Ticker or Trading Symbol
WORLD ACCEPTANCE CORP [ WRLD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Member of Section 13(d) Group
(Last) (First) (Middle)
2200 BUTTS ROAD, SUITE 320
3. Date of Earliest Transaction (MM/DD/YY)
05/06/2013
(Street)
BOCA RATON, FL33431
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/06/2013 S 2,771 D $ 91.1883 539,247 I By Idoya Partners L.P. ( 1 )
Common Stock 05/06/2013 S 2,952 D $ 91.1883 1,226,578 I By Prescott Associates L.P. ( 2 )
Common Stock 05/06/2013 S 125 D $ 91.1883 45,164 I By Prescott International Partners L.P. ( 3 )
Common Stock 05/06/2013 S 380 D $ 91.1883 67,042 I By Prescott Investors Profit Sharing Trust ( 4 )
Common Stock 05/07/2013 S 7,921 D $ 91.041 531,326 I By Idoya Partners L.P. ( 1 )
Common Stock 05/07/2013 S 8,437 D $ 91.041 1,218,141 I By Prescott Associates L.P. ( 2 )
Common Stock 05/07/2013 S 356 D $ 91.041 44,808 I By Prescott International Partners L.P. ( 3 )
Common Stock 05/07/2013 S 1,086 D $ 91.041 65,956 I By Prescott Investors Profit Sharing Trust ( 4 )
Common Stock 500,000 D ( 5 )
Common Stock 50,600 I By Thomas W. Smith Family Accounts ( 6 )
Common Stock 10,000 I By Thomas W. Smith Foundation ( 7 )
Common Stock 30,000 D ( 8 )
Common Stock 37,788 I By Scott J. Vassalluzzo Family Accounts ( 9 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
VASSALLUZZO SCOTT J
2200 BUTTS ROAD
SUITE 320
BOCA RATON, FL33431
X X Member of Section 13(d) Group
SMITH THOMAS W
2200 BUTTS ROAD
SUITE 320
BOCA RATON, FL33431
X Member of Section13(d) Group
Prescott General Partners LLC
2200 BUTTS ROAD
SUITE 320
BOCA RATON, FL33431
X Member of Section13(d) Group
Signatures
/s/ Scott J. Vassalluzzo 05/08/2013
Signature of Reporting Person Date
/s/ Thomas W. Smith 05/08/2013
Signature of Reporting Person Date
/s/ Scott J. Vassalluzzo, Managing Member, Prescott General Partners LLC 05/08/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares are owned directly by Idoya Partners L.P. ("Idoya"), a private investment limited partnership, and are beneficially owned indirectly by Prescott General Partners LLC ("PGP"), a Delaware limited liability company, as general partner of Idoya. Messrs. Thomas W. Smith and Scott J. Vassalluzzo are each a managing member of PGP. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for Idoya is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
( 2 )These shares are owned directly by Prescott Associates L.P. ("Prescott Associates"), a private investment limited partnership, and are beneficially owned indirectly by PGP as general partner of Prescott Associates. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for Prescott Associates is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
( 3 )These shares are owned directly by Prescott International Partners L.P. ("PIP"), a private investment limited partnership, and are beneficially owned indirectly by PGP as general partner of PIP. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for PIP is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
( 4 )These shares are owned directly by the Prescott Investors Profit Sharing Trust (the "Trust") and are beneficially owned indirectly by Messrs. Smith and Vassalluzzo as trustees of the Trust. Messrs. Smith and Vassalluzzo each disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-8(b)(2)(ii). The address of the Trust is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
( 5 )These shares are owned directly by Thomas W. Smith.
( 6 )These shares are owned directly by investment accounts established for the benefit of certain family members of Thomas W. Smith. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
( 7 )These shares are owned directly by the Thomas W. Smith Foundation (the "Foundation") and are beneficially owned indirectly by Mr. Smith as trustee of the Foundation. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under 16a-8(b)(2)(ii). The address for the Foundation is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
( 8 )These shares are owned directly by Scott J. Vassalluzzo.
( 9 )These shares are owned directly by investment accounts established for the benefit of certain family members of Scott J. Vassalluzzo. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Vassalluzzo disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

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