X0306 4 2016-10-17 0 0001528930 Liberty Tax, Inc. TAX 0001269480 HERSKOVITS THOMAS 1716 CORPORATE LANDING PARKWAY VIRGINIA BEACH VA 23454 1 0 0 0 Class A Common Stock 2016-10-17 4 M 0 977 A 977 D Restricted Stock Units 2016-10-17 4 M 0 977 0 D Class A Common Stock 977 0 D Each restricted stock unit represents the right to receive, upon vesting, one share of Class A Common Stock. The restricted stock unit award was granted on October 15, 2015 and vested in full October 15, 2016. Represents the conversion upon vesting of restricted stock units into Class A Common Stock. On October 15, 2015, the reporting person was granted 977 restricted stock units, of which all of the shares subject to the restricted stock units vested on October 15, 2016. Such restricted stock units were previously reported in Table II on the Form 3 filed with the Securities and Exchange Commission on October 16, 2015. Thomas Herskovits 2016-10-19