SEC Form 4 · accession 0000313716-18-000060
HARDINGE INC · HDNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B Sepanik
Officer — Vice President - Workholding
Period of report
May 25, 2018
Accepted (ET)
May 30, 2018 · 6:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000313716
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 25, 2018 | A | 4,700 | — | A | 10,900 | D | |
| Common StockF2 | May 25, 2018 | D | 10,900 | $18.50 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares reported as acquired are performance shares which were to vest upon the completion of certain milestones associated with the economic performance of the issuer. On May 25, 2018, the reporting person became the beneficial owner of the shares upon their vesting pursuant to a certain Agreement and Plan of Merger, dated as of February 12, 2018, by and among Hardinge Holdings, LLC, Hardinge Merger Sub, Inc., and Hardinge Inc. (hereinafter referred to as the "Merger Agreement").
- F2Shares disposed of for cash consideration pursuant to the Merger Agreement.