SEC Form 4 · accession 0001209191-19-014839
GORMAN RUPP CO · GRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey S Gorman
Officer — President & CEO · Director
Period of report
Jan 4, 2019
Accepted (ET)
Mar 1, 2019 · 11:11 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000042682
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 4, 2019 | G | 2,760 | $0.00 | A | 758,736 | I | By family |
| Common StockF2 | Jan 4, 2019 | G | 460 | $0.00 | A | 642,131 | I | By Jeffrey S. Gorman Trust (BR) |
| Common StockF2 | Feb 27, 2019 | A | 1,946 | $0.00 | A | 644,077 | I | By Jeffrey S. Gorman Trust (BR) |
| Common StockF4,F2 | Feb 27, 2019 | F | 564 | $34.42 | D | 643,513 | I | By Jeffrey S. Gorman Trust (BR) |
| Common StockF5 | Jan 4, 2019 | G | 460 | $0.00 | A | 124,191 | I | By Michele S. Gorman Trust (BR) |
| Common StockF2 | Jan 4, 2019 | G | 920 | $0.00 | D | 9,306 | I | By Jeffrey S. Gorman Trust (ML) |
| Common StockF5 | Jan 4, 2019 | G | 920 | $0.00 | D | 9,186 | I | By Michele S. Gorman Trust (ML) |
| Common Stock (401-K Plan) | holding | — | — | — | 63,409 | I | By 401-K Trust | |
| Common StockF2 | holding | — | — | — | 125,000 | I | By 2011 Jeffrey S. Gorman Trust (Mechanics) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 641,915 shares owned by his children and 116,821 shares held in trust in which Mr. Gorman has a beneficial interest. Mr. Gorman disclaims beneficial ownership of all the shares referred to in this footnote.
- F2Shares held by the Jeffrey S. Gorman Trust (a revocable trust of which Jeffrey S. Gorman is sole trustee) for estate planning purposes.
- F3Performance-based shares awarded under The Gorman-Rupp 2015 Omnibus Incentive Plan after achieving specific performance goals and vesting over the 2016-2018 performance period.
- F4Shares withheld for payment of tax liability.
- F5Shares held by the Michele S. Gorman Trust (a revocable trust of which Mr. Gorman's wife is sole trustee) for estate planning purposes.