SEC Form 4 · accession 0001225208-19-002546
Enpro Inc. · NPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marvin Riley
Officer — EVP and COO
Period of report
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001164863
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 12, 2019 | A | 2,830 | $68.53 | A | 17,015 | D | |
| Common StockF2 | Feb 12, 2019 | F | 936 | $68.53 | D | 16,079 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Feb 12, 2019 | A | 3,641 | A | Feb 12, 2022 | — | Common Stock | 3,641 | 3,641 | D |
| Restricted Stock UnitsF3,F5 | — | Feb 12, 2019 | A | 4,000 | A | Jul 24, 2020 | — | Common Stock | 4,000 | 4,000 | D |
| Restricted Stock UnitsF3,F6 | — | Feb 12, 2019 | D | 4,000 | D | Jul 24, 2020 | — | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Shares awarded under the EnPro Industries Long-Term Incentive Plan.
- F2Shares surrendered to Issuer to cover the tax liability of the award.
- F3Restricted stock units awarded under the Amended and Restated 2002 Equity Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of NPO common stock and cash payment equal to dividends paid on a share of common stock since the date of grant.
- F4The restricted stock units will vest on the third anniversary of the grant date.
- F5The restricted stock units will vest on the third anniversary of the grant date. The reported transaction reflects the February 12, 2019 amendment of a restricted stock unit award granted on July 24, 2017 to remove the relocation condition for vesting, and according such restricted stock units would vest three years after the initial award date subject to continued employment.
- F6If by December 31, 2018, Mr. Riley has relocated his permanent residence to the Charlotte, North Carolina area, the restricted stock units will vest on the third anniversary of the grant date. The reported transaction reflects the February 12, 2019 amendment of a restricted stock unit award granted on July 24, 2017 to remove the relocation condition for vesting, and according such restricted stock units would vest three years after the initial award date subject to continued employment.