SEC Form 4 · accession 0001174947-17-001835
ESPEY MFG & ELECTRONICS CORP · ESP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alvin O Sabo
Director
Period of report
Dec 27, 2017
Accepted (ET)
Dec 29, 2017 · 1:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000033533
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - $.33 1/3 par value | holding | — | — | — | 6,300 | D | ||
| Common Stock - $.33 1/3 par valueF1 | holding | — | — | — | 10,649 | D | ||
| Common Stock - $.33 1/3 par valueF2 | holding | — | — | — | 1,310 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $21.75 | Dec 27, 2017 | A | 2,000 | A | Oct 10, 2019 | Oct 10, 2027 | Common Stock | 2,000 | 14,600 | D |
Explanation of responses
- F1IRA Account
- F2The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F3The option grant was approved by the Corporation's Board of Directors on October 10, 2017, subject to shareholder approval of the plan under which the option was granted, the filing of a registration statement on Form S-8 with the Securities and Exchange Commission, and the approval of an additional listing application by the NYSE MKT. The Corporation's shareholders approved the plan on December 1, 2017, the registration statement on Form S-8 was filed with the SEC on December 4, 2017, and the NYSE MKT approved the application on December 27, 2017.