X0306 4 2020-04-27 0 0000928465 AMCON DISTRIBUTING CO DIT 0001758836 Schmaderer Charles J. C/O AMCON DISTRIBUTING COMPANY 7405 IRVINGTON ROAD OMAHA NE 68122 0 1 0 0 VP,Controller,Secretary Common Stock, par value $.01 per share 2020-04-27 4 M 0 500 51.5 A 550 D Restricted Stock Units 2025-10-20 Common Stock 50 50 D Restricted Stock Units 2029-10-22 Common Stock 500 500 D Stock Option (Right to Buy) 51.5 2020-04-27 4 M 0 500 0 A 2020-04-27 Common Stock 500 0 D Stock Option (Right to Buy) 53.8 2021-10-25 Common Stock 500 500 D Stock Option (Right to Buy) 62.33 2022-10-23 Common Stock 500 500 D Stock Option (Right to Buy) 81.03 2025-01-27 Common Stock 500 500 D Stock Option (Right to Buy) 91.65 2026-10-25 Common Stock 500 500 D Stock Option (Right to Buy) 90.5 2027-10-24 Common Stock 500 500 D Stock Option (Right to Buy) 84 2028-10-23 Common Stock 500 500 D Restricted Stock Units ("RSUs") give the reporting person the right to receive, subject to being employed on the applicable vesting date, (i) cash equal to the per share Fair Market Value of common stock on the vesting date times the number of shares underlying the RSUs then vesting or (ii) common stock equal to the number of shares underlying the RSUs then vesting, as elected by the reporting person. Subject to earlier forfeiture under certain circumstances, these 50 RSUs vest on October 20, 2020. Restricted Stock Units ("RSUs") give the reporting person the right to receive, subject to being employed on the applicable vesting date, (i) cash equal to the per share Fair Market Value of common stock on the vesting date times the number of shares underlying the RSUs then vesting or (ii) common stock equal to the number of shares underlying the RSUs then vesting, as elected by the reporting person. Subject to earlier forfeiture under certain circumstances, these RSUs vest as to one-third of the total original 500 RSU award on each of October 22, 2020, October 22, 2021 and October 22, 2022. This option, which vested in five equal annual installments of 100 shares on each of April 27, 2011, April 27, 2012, April 27, 2013, April 27, 2014 and April 27, 2015, was exercised on April 27, 2020. This option vests in five equal annual installments of 100 shares on each of October 25, 2012, October 25, 2013, October 25, 2014, October 25, 2015 and October 25, 2016. This option vests in five equal annual installments of 100 shares on each of October 23, 2013, October 23, 2014. October 23, 2015, October 23, 2016 and October 23, 2017. This option vests in five equal annual installments of 100 shares on each of January 27, 2016, January 27, 2017, January 27, 2018, January 27, 2019 and January 27, 2020. This option vests in five equal annual installments of 100 shares on each of October 25, 2017, October 25, 2018, October 25, 2019, October 25, 2020 and October 25, 2021. This option vests in five equal annual installments of 100 shares on each of October 24, 2018, October 24, 2019. October 24, 2020, October 24, 2021 and October 24, 2022. This option vests in five equal annual installments of 100 shares on each of October 23, 2019, October 23, 2020. October 23, 2021, October 23, 2022 and October 23, 2023. Charles J Schmaderer 2020-04-29