SEC Form 4 · accession 0001144204-17-028117
Orchids Paper Products CO /DE · TIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Mario Armando Garcia
Director
Period of report
May 16, 2017
Accepted (ET)
May 17, 2017 · 12:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001324189
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | May 16, 2017 | S | 10,000 | $16.338 | D | 826,083 | I | See footnote |
| Common Stock, par value $0.001 per shareF1 | May 16, 2017 | S | 20,000 | $14.925 | D | 806,083 | I | See footnote |
| Common Stock, par value $0.001 per shareF1 | May 16, 2017 | S | 20,000 | $14.878 | D | 786,083 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Fabrica de Papel San Francisco, S.A. de C.V. (''Fabrica'') is the record holder of these securities. Mr. Garcia has sole voting power over these securities as the indirect controlling shareholder and president of Fabrica. Mr. Garcia is the president and controlling shareholder of Group Industrial Garcia Franco, S.A. C.V., which is the controlling shareholder of Fabrica. Mr. Garcia disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.