SEC Form 4 · accession 0001326422-16-000004
Omega Flex, Inc. · OFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul James Kane
Officer — Vice President - Finance
Period of report
Feb 16, 2016
Accepted (ET)
Apr 11, 2016 · 3:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001317945
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | holding | — | — | — | 50 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | $0.00 | Feb 16, 2016 | A | 1,800 | A | Feb 16, 2020 | Feb 16, 2020 | Common Stock | 1,800 | 9,900 | D |
| Phantom Stock | $0.00 | Feb 16, 2016 | D | 1,500 | A | Feb 16, 2016 | Feb 16, 2016 | Common Stock | 1,500 | 8,400 | D |
Explanation of responses
- F1All phantom stock units are only exercisable for cash.
- F2Conversion is one-for-one.