X0306 4 2016-09-19 0 0001528930 Liberty Tax, Inc. TAX 0001659613 Szajnoga Vanessa M 1716 CORPORATE LANDING PARKWAY VIRGINIA BEACH VA 23454 0 1 0 0 Vice President Class A Common Stock 2016-09-19 4 M 0 167 A 405 D Class A Common Stock 2016-09-19 4 F 0 54 12.62 D 351 D Class A Common Stock 2016-09-19 4 M 0 379 A 730 D Class A Common Stock 2016-09-19 4 F 0 123 12.62 D 607 D Class A Common Stock 708.4 I By 401(k) plan Restricted Stock Units 2016-09-19 4 M 0 167 0 D Class A Common Stock 167 167 D Restricted Stock Units 2016-09-19 4 M 0 379 0 D Class A Common Stock 379 758 D Each restricted stock unit represents the right to receive, upon vesting, one share of Class A Common Stock. This restricted stock unit award was granted on September 19, 2014 and each year for three years one-third of the restricted stock units shall become vested provided that the Employee is in the employ of the Company at the time of vesting. One-third of the restricted stock units vested on September 19, 2016. The restricted stock unit award was granted on September 18, 2015 and each year for three years one-third of the restricted stock units shall become vested provided that the Employee is in the employ of the Company at the time of vesting. One-third of the restricted stock units vested on September 18, 2016. Represents the conversion upon vesting of restricted stock units into Class A Common Stock. On September 19, 2014, the reporting person was granted 501 restricted stock units, of which one-third of the shares subject to the restricted stock units vested on September 19, 2016. Represents the conversion upon vesting of restricted stock units into Class A Common Stock. On September 18, 2015, the reporting person was granted 1137 restricted stock units, of which one-third of the shares subject to the restricted stock units vested on September 18, 2016. Reflects 54 shares withheld by Issuer at market price of $12.62 per share to fund the payment of taxes for the conversion. Reflects 123 shares withheld by Issuer at market price of $12.62 per share to fund the payment of taxes for the conversion. Reflects the shares of Class A Common Stock held through the Company 401(k) plan. The reporting person's holdings in the Company 401(k) plan have fluctuated and the reported holdings are based on the reporting person's 401(k) plan statement as of September 20, 2016. Vanessa M. Szajnoga 2016-09-20