SEC Form 4 · accession 0000899243-16-024442
HICKOK INC · HICKA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew V Crawford
Director · 10% Owner
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 7:11 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,F3 | Jul 1, 2016 | J | 911,250 | — | A | 1,232,168 | I | By First Francis Company Inc. and Roundball LLC |
| Class B Common SharesF1,F2,F4 | Jul 1, 2016 | J | 303,750 | — | A | 418,750 | I | By First Francis Company Inc. and Roundball LLC |
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 51% 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.
- F3Includes 320,918 shares that are owned directly by Roundball LLC. The reporting person disclaims beneficial ownership of the shares held by Roundball LLC except to the extent of his pecuniary interest therein.
- F4Includes 115,000 shares that are owned directly by Roundball LLC. The reporting person disclaims beneficial ownership of the shares held by Roundball LLC except to the extent of his pecuniary interest therein.