SEC Form 4 · accession 0001225208-15-008230
HANDY & HARMAN LTD. · HNH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glen M Kassan
Director · Other
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 2:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000106618
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | Mar 17, 2015 | A | 733 | $0.00 | A | 103,733 | D | |
| Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 65,789 | I | By GRAT | |
| Common Stock, par value $0.01 per shareF2,F3 | holding | — | — | — | 34,211 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted shares granted on March 17, 2015 to the Reporting Person under the Issuer's 2007 Incentive Stock Plan, as amended, pursuant to a Restricted Shares Agreement. Under the terms of the Restricted Shares Agreement, the restricted shares vest on the earlier of one year from the date of grant or upon the Reporting Person ending his service as a director of the Issuer, subject to the terms thereof.
- F2The Reporting Person is also a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding common stock.
- F3The Reporting Person's wife, who shares the Reporting Person's household, is the trustee and sole recipient of annuity payments under the grantor retained annuity trust for the benefit of the Reporting Person's two adult children.