SEC Form 4 · accession 0001209191-17-031257
AMPCO PITTSBURGH CORP · AP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rose Hoover
Officer — President & Chief Admin. Off.
Period of report
May 3, 2017
Accepted (ET)
May 10, 2017 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006176
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 3, 2017 | A | 5,893 | $0.00 | A | 12,321 | D | |
| Common Stock | May 5, 2017 | M | 1,013 | $0.00 | A | 13,334 | D | |
| Common Stock | May 5, 2017 | F | 310 | $14.75 | D | 13,024 | D | |
| Common Stock | May 5, 2017 | F | 450 | $14.75 | D | 12,574 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | May 5, 2017 | M | 1,013 | D | — | — | Common Stock | 1,013 | 1,014 | D |
Explanation of responses
- F1Represents a grant of restricted stock units under the Ampco-Pittsburgh Corporation ("Company") 2016 Omnibus Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Ampco-Pittsburgh Corporation common stock. Restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
- F2Represents the portion of restricted stock units granted on May 5, 2015, vested on May 5, 2017 and previously reported on Table II of Form 4 filed May 7, 2015.
- F3Each restricted stock unit represents a contingent right to receive one share of Ampco-Pittsburgh Corporation common stock.
- F4The reporting person received a grant of 3,040 restricted stock units, which vest in 3 annual installments, beginning on May 5, 2016. 1/3 of the restricted stock units vested on May 5, 2016. 1/3 of the restricted stock units vested on May 5, 2017 and is reported on Table I of this Form 4. The remainder will continue to vest in one installment through the remainder of the term.