SEC Form 4 · accession 0001192482-16-000554
TECHPRECISION CORP · TPCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Sammons
Officer — Chief Financial Officer
Period of report
Jan 21, 2016
Accepted (ET)
Apr 8, 2016 · 10:43 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 | $0.17 | Jan 21, 2016 | A | 500,000 | A | — | Jan 20, 2026 | Common Stock | 500,000 | 500,000 | 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: 166,666 shares on January 21, 2016, and two installments of 166,667 shares each on January 21, 2017 and January 21, 2018.