SEC Form 4 · accession 0001192482-16-000788
TECHPRECISION CORP · TPCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander Shen
Officer — CEO
Period of report
Dec 27, 2016
Accepted (ET)
Dec 29, 2016 · 11:44 am EST
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 | $0.50 | Dec 27, 2016 | A | 1,000,000 | A | — | Dec 27, 2027 | Common Stock | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1The optoins were granted pursuant to the Company's 2016 Equity Incentive Plan.
- F2The options shall vest and become exercisable in two installments: 666,667 shares immediately on the date of the grant, and 333,333 shares on December 27, 2017.