SEC Form 4 · accession 0001192482-15-000388
TECHPRECISION CORP · TPCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander Shen
Officer — CEO
Period of report
Aug 12, 2015
Accepted (ET)
Sep 14, 2015 · 8:37 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001328792
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $0.08 | Aug 12, 2015 | A | 1,000,000 | A | — | Aug 11, 2025 | Common Stock | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1This stock option was granted pursuant to the Company's 2006 Long-Term Incentive Plan.
- F2The options shall vest and become exercisable in three cumulative equal installments: 333,334 shares on August 12, 2015, and two installments of 333,333 shares each on August 12, 2016 and August 11, 2017.