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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
Betty Kathy T

(Last) (First) (Middle)
400 GALLERIA PKWY SE
SUITE 300

(Street)
ATLANTA GA 30339

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AARON'S INC [ AAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/19/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 06/19/2015 P(1) 73 A $35.5551 34,874 D
Common Stock 07/27/2015 S(1) 24 D $34.81 34,850 D
Common Stock 08/11/2015 S(1)(2) 22 D $37.166 34,828 D
Common Stock 01/12/2016 P(1) 4 A $22.2658 34,832 D
Common Stock 02/26/2016 P(1) 5 A $22.56 34,837 D
Common Stock 02/29/2016 P(1) 13 A $23.0866 34,850 D
Common Stock 11/03/2016 S(1) 8 D $25.0073 34,842 D
Common Stock 12/05/2016 S(1) 8 D $29.672 34,834 D
Common Stock 01/23/2017 P(1) 39 A $30.6427 34,873 D
Common Stock 02/09/2017 S(1) 19 D $29.882 34,854 D
Common Stock 04/04/2017 P(1) 24 A $29.548 34,878 D
Common Stock 08/26/2017 S(1)(3) 37 D $45.27 34,841 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 (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
Explanation of Responses:
1. Each of the transaction in Aaron's Inc. ("Aaron's") common stock reported on this Form 4 occurred due to inadvertent administrative errors by the reporting person's money manager, which resulted in trading in Aaron's common stock despite contrary written instructions provided by the reporting person.
2. The reporting person's sale of Aaron's common stock reporting herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") to the extent of 18 shares, with the reporting person' purchase of 73 shares of Aaron's common stock at a price of $35.5551 per share on June 19, 2015 and, to the extent of 4 shares, with the reporting person's purchase of 4 shares of Aaron's common stock at a price of $22.2658 per share on January 12, 2016. The reporting person has paid Aaron's the full amount of the profit realized in connection with the short swing transaction ($88.61).
3. The reporting person's sale of Aaron's common stock reporting herein was matchable under Section 16(b) of the Exchange Act, to the extent of 24 shares, with the reporting person' purchase of 24 shares of Aaron's common stock at a price of $29.548 per share on April 4, 2017. The reporting person has paid Aaron's the full amount of the profit realized in connection with the short swing transaction ($377.33).
Remarks:
/s/ Kathy T. Betty 08/16/2018
** Signature of Reporting Person Date
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.