Sec Form 4 Filing - Johnson Tyrone @ Select Interior Concepts, Inc. - 2020-03-03

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
Johnson Tyrone
2. Issuer Name and Ticker or Trading Symbol
Select Interior Concepts, Inc. [ SIC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
400 GALLERIA PARKWAY, SUITE 1760
3. Date of Earliest Transaction (MM/DD/YY)
03/03/2020
(Street)
ATLANTA, GA30339
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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
Class A Common Stock 03/03/2020 A 21,138 ( 1 ) A $ 0 165,694 D
Class A Common Stock 03/03/2020 F 6,536 ( 2 ) D $ 7.38 159,158 D
Class A Common Stock 03/04/2020 A 23,625 ( 3 ) A $ 0 182,783 D
Class A Common Stock 03/04/2020 F 7,112 ( 4 ) D $ 7.47 175,671 D
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
Restricted Stock Units $ 0 03/04/2020 D 23,625 ( 5 ) ( 5 ) Class A common Stock 23,625 $ 0 47,996 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Johnson Tyrone
400 GALLERIA PARKWAY, SUITE 1760
ATLANTA, GA30339
X Chief Executive Officer
Signatures
/s/ Shawn K. Baldwin, attorney-in-fact 03/04/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The 21,138 shares of Class A Common Stock were awarded in lieu of an annual cash bonus based upon Mr. Johnson's continued employment with the Company.
( 2 )The 6,534 shares of Class A Common Stock were withheld by the Company to cover taxes associated with the vesting of 21,138 shares awarded in lieu of an annual cash bonus based upon Mr. Johnson's continued employment with the Company.
( 3 )The 23,625 shares of Class A Common Stock were previously held as Restricted Stock Units ("RSUs") as previously awarded under the 2017 Incentive Compensation Plan on March 4, 2019, and converted from RSUs to Class A Common Stock as part of the annual vesting based on Mr. Johnson's continued employment with the Company.
( 4 )The 7,112 shares of Class A Common Stock were withheld by the Company to cover taxes associated with the vesting of 23,625 shares previously awarded under the 2017 Incentive Compensation Plan on March 4, 2019.
( 5 )These RSUs were granted by the Issuer to the Reporting Person under the Issuer's 2017 Incentive Compensation Plan on March 4, 2019, and are subject to vesting over three years in nearly equal annual installments beginning on the first anniversary of the grant date, provided that the Reporting Person remains in the service of the Issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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