SEC Form 4 · accession 0001140361-16-059791
DXP ENTERPRISES INC · DXPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David R Little
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 2:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001020710
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| DXP Common Stock | Mar 30, 2016 | S | 20,300 | $18.47 | D | 1,375,451 | D | |
| DXP Common Stock | Mar 31, 2016 | S | 29,700 | $17.68 | D | 1,345,751 | D | |
| DXP Common Stock | Mar 31, 2016 | M | 5,199 | $17.56 | A | 1,350,950 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DXP Restricted Stock UnitsF2 | $0.00 | Mar 31, 2016 | M | 3,123 | D | — | — | DXP Common Stock | 3,123 | 0 | D |
| DXP Restricted Stock UnitsF3 | $0.00 | Mar 31, 2016 | M | 3,000 | D | — | — | DXP Common Stock | 3,000 | 3,000 | D |
| DXP Restricted Stock UnitsF4 | $0.00 | Mar 31, 2016 | M | 1,000 | D | — | — | DXP Common Stock | 1,000 | 2,000 | D |
| DXP Restricted Stock UnitsF1 | $0.00 | holding | — | — | — | — | — | DXP Common Stock | 4,000 | 8,000 | D |
Explanation of responses
- F1The terms of the grant provide for vesting in equal amounts over ten years on the anniversary date of the grant. [Grant Date October 24, 2007 - 40,000 shares]
- F2The terms of the grant provide for vesting in equal amounts over three years on the anniversary date of the grant. [Grant Date March 31, 2013 - 9,371 shares]
- F3The terms of the grant provide for vesting in equal amounts over three years on the anniversary date of the grant. [Grant Date March 31, 2014 - 9,000 shares]
- F4The terms of the grant provide for vesting in equal amounts over three years on the anniversary date of the grant. [Grant Date March 31, 2015 - 3,000 shares]