SEC Form 4 · accession 0000050725-17-000029
GRIFFON CORP · GFF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J Kramer
Officer — CEO · Director
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000050725
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 30, 2017 | A | 298,667 | $0.00 | A | 2,284,936 | D | |
| Common StockF2 | holding | — | — | — | 1,482 | I | By ESOP | |
| Common Stock | holding | — | — | — | 40,298 | I | By Spouse and Children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted shares granted under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Vesting of the restricted shares is partially dependent on the attainment of specified performance criteria related to the company's stock price; on January 30, 2017, it was certified that such performance criteria was satisfied to a certain extent. Subject to the reporting person's continued employment, the restricted shares will vest on January 29, 2020.
- F2Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.