SEC Form 4 · accession 0000899243-16-024385
HICKOK INC · HICKA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Edward F Crawford
Director · 10% Owner
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000047307
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common SharesF1,F2 | Jul 1, 2016 | J | 911,250 | — | A | 911,250 | I | By First Francis Company Inc. |
| Class B Common SharesF1,F2 | Jul 1, 2016 | J | 303,750 | — | A | 303,750 | I | By First Francis Company Inc. |
| Class A Common Shares | holding | — | — | — | 1,335 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were acquired by First Francis Company Inc. through the merger of its wholly-owned subsidiary, Federal Hose Manufacturing LLC, into a wholly owned subsidiary of the Issuer. The reporting person owns 49% of First Francis Company Inc. The reporting person disclaims beneficial ownership of the shares held by First Francis Company Inc. except to the extent of his pecuniary interest therein.
- F2In addition to the issuance of 911,250 shares of the Issuer's Class A Common Stock and 303,750 shares of the Issuer's Class B Common Stock, the Issuer also issued two promissory notes in the aggregate principal amount of $4,768,662 to First Francis Company Inc. in consideration of the merger of the subsidiary of First Francis Company Inc. into the subsidiary of the Issuer. On the effective date of the merger, the closing price of Hickok's Class A Common Shares was $1.55 per share. There is no trading market for the Issuer's Class B Common Shares.