SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Prescott General Partners LLC

(Last) (First) (Middle)
2200 BUTTS ROAD, SUITE 320

(Street)
BOCA RATON FL 33431

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WORLD ACCEPTANCE CORP [ WRLD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) X Other (specify below)
Member of Section 13(d) Group
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 12/11/2012 S 24,199 D $74.1798 716,591 I By Idoya Partners L.P. (1)
Common Stock 12/11/2012 S 16,133 D $74.1798 1,321,872 I By Prescott Associates L.P. (2)
Common Stock 12/11/2012 S 645 D $74.1798 49,286 I By Prescott International Partners L.P. (3)
Common Stock 12/11/2012 S 2,823 D $74.1798 89,327 I By Prescott Investors Profit Sharing Trust (4)
Common Stock 12/12/2012 S 42,818 D $73.302 673,773 I By Idoya Partners L.P. (1)
Common Stock 12/12/2012 S 28,545 D $73.302 1,293,327 I By Prescott Associates L.P. (2)
Common Stock 12/12/2012 S 1,142 D $73.302 48,144 I By Prescott International Partners L.P. (3)
Common Stock 12/12/2012 S 4,995 D $73.302 84,332 I By Prescott Investors Profit Sharing Trust (4)
Common Stock 12/13/2012 S 23,646 D $73.0918 650,127 I By Idoya Partners L.P. (1)
Common Stock 12/13/2012 S 15,764 D $73.0918 1,277,563 I By Prescott Associates L.P. (2)
Common Stock 12/13/2012 S 631 D $73.0918 47,513 I By Prescott International Partners L.P. (3)
Common Stock 12/13/2012 S 2,759 D $73.0918 81,573 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 (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 Securities Underlying Derivative Security (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: 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
1. Name and Address of Reporting Person*
Prescott General Partners LLC

(Last) (First) (Middle)
2200 BUTTS ROAD, SUITE 320

(Street)
BOCA RATON FL 33431

(City) (State) (Zip)
1. Name and Address of Reporting Person*
SMITH THOMAS W

(Last) (First) (Middle)
2200 BUTTS ROAD, SUITE 320

(Street)
BOCA RATON FL 33431

(City) (State) (Zip)
1. Name and Address of Reporting Person*
VASSALLUZZO SCOTT J

(Last) (First) (Middle)
2200 BUTTS ROAD, SUITE 320

(Street)
BOCA RATON FL 33431

(City) (State) (Zip)
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 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.
7. 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.
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.
/s/ Thomas W. Smith 12/13/2012
/s/ Scott J. Vassalluzzo 12/13/2012
/s/ Scott J. Vassalluzzo, Managing Member, Prescott General Partners LLC 12/13/2012
** Signature of Reporting Person Date
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