SEC Form 4 · accession 0001174947-15-000361
EVI INDUSTRIES, INC. · EVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Steiner
Officer — EVP & Chief Operating Officer · Director
Period of report
Mar 6, 2015
Accepted (ET)
Mar 9, 2015 · 8:51 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000065312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.025 par value per shareF1 | Mar 6, 2015 | S | 1,928,646 | $2.15 | D | 600,100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 6, 2015, the Reporting Person sold 1,928,646 shares of the Issuer's common stock and his brother sold 909,548 shares of the Issuer's common stock to Symmetric Capital LLC pursuant to a Stock Purchase Agreement among the parties dated March 6, 2015. In accordance with such Stock Purchase Agreement, upon the closing of the transaction, the Reporting Person (a) resigned as the Issuer's Chairman of the Board, Chief Executive Officer and President, (b) was appointed the Issuer's Executive Vice President, and (c) remains a director of the Issuer.