SEC Form 4 · accession 0001509464-15-000001
COLUMBUS MCKINNON CORP · CMCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan S Korman
Officer — VP, Gen'l Counsel & Secretary
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 11:46 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005229
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 17, 2015 | A | 8 | $25.61 | A | 12,507 | D | |
| Common Stock | holding | — | — | — | 12,498 | D | ||
| Common StockF3 | holding | — | — | — | 247 | D | ||
| Common Stock | holding | — | — | — | 471,483 | I | Additional shares held by ESOP; reporting person is 1 of 3 trustees; DISCLAIMS beneficial owernship. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options (Right to Buy)F4 | $18.63 | holding | — | — | — | Jan 24, 2014 | Jan 23, 2021 | Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Options (Right to Buy)F5 | $19.50 | holding | — | — | — | May 23, 2012 | May 22, 2021 | Common Stock | 3,230 | 3,230 | D |
| Non-Qualified Stock Options (Right to Buy)F6 | $13.43 | holding | — | — | — | May 21, 2013 | May 20, 2022 | Common Stock | 5,424 | 5,424 | D |
| Non-Qualified Stock Options (Right to Buy)F7 | $18.95 | holding | — | — | — | May 20, 2014 | May 23, 2023 | Common Stock | 4,601 | 4,601 | D |
| Non-Qualified Stock Options (Right to Buy)F8 | $27.12 | holding | — | — | — | May 19, 2015 | May 19, 2024 | Common Stock | 4,386 | 4,386 | D |
Explanation of responses
- F1Represents additional restricted stock units attributable to dividend reinvestment.
- F2Includes 9,311.5079 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 430.5825 shares become fully vested and non-forfeitable on 5/23/2015; 1,361.1634 shares become fully vested and non-forfeitable 50% per year for two years beginning 5/21/2015; 1,645.871 shares become fully vested and non-forfeitable 33.33% for three years beginning 5/20/2015; 2,826 shares become fully vested and non-forfeitable on 5/21/2015; 1,738.891 shares become fully vested and non-forfeitable for four years beginning 5/19/2015 and the remaining 1,309 shares become fully vested and non-forfeitable on 5/20/2016, if reporting person remains an employee of issuer.
- F3Reports shares allocated to account of reporting person under the Columbus McKinnon Corporation Employee Stock Ownership Plan, as amended (the "ESOP"). Incorrectly reported as 346.6073 on Form 4s filed on 12/18/2014, 5/28/2014, 5/23/2014 and 5/22/2014. See Form 4 filed on 5/21/2014 which reported the correct amount of 246.6073.
- F4Exercisable 33.33% per year for three years beginning on January 24, 2014, if reporting person remains an employee of issuer.
- F5Exercisable 25% per year for four years beginning 5/23/2012, if reporting person remains an employee of issuer.
- F6Exercisable 25% per year for four years beginning 5/21/2013, if reporting person remains an employee of issuer.
- F7Exercisable 25% per year for four years beginning 5/20/2014, if reporting person remains an officer of issuer.
- F8Exercisable 25% per year for four years beginning 5/19/2015, if reporting person remains an employee of issuer.