SEC Form 4 · accession 0001434480-19-000001
Omega Flex, Inc. · OFLX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul James Kane
Officer — Vice President & CFO
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 11:11 am EST
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 StockF3,F1 | $0.00 | Feb 15, 2019 | A | 930 | A | Feb 15, 2023 | Feb 15, 2023 | Common stock | 930 | 9,730 | D |
| Phantom StockF3,F2,F1 | $0.00 | Feb 16, 2019 | M | 1,800 | D | Feb 16, 2019 | Feb 16, 2019 | Common Stock | 1,800 | 7,930 | D |
Explanation of responses
- F1Conversion is one-for-one.
- F2Price of common stock on maturity date of 02/16/2019 was 68.06, which was closing price on immediately previous business day.
- F3All Phantom Stock units must be exercised for cash.