SEC Form 4 · accession 0001615594-17-000075
WSI INDUSTRIES, INC. · WSCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Pudil
Officer — President and CEO · Director
Period of report
Dec 26, 2017
Accepted (ET)
Dec 27, 2017 · 10:49 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000104897
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 26, 2017 | A | 25,000 | $0.00 | A | 124,217 | D | |
| Common Stock | Dec 26, 2017 | F | 8,400 | $4.69 | D | 115,817 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right-to-Buy)F1 | $4.69 | Dec 26, 2017 | A | 50,000 | A | Dec 26, 2017 | Dec 26, 2027 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Option vests as to 50% of the shares on the date of grant and the remaining 50% of the shares on the six month anniversary of the date of grant.