SEC Form 4 · accession 0000703604-17-000020
Distribution Solutions Group, Inc. · DSGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shane McCarthy
Officer — SVP Supply Chain & Bus. Devel.
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 1:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000703604
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 par valueF1 | Feb 28, 2017 | M | 1,596 | $27.65 | A | 5,926 | D | |
| Common Stock, $1.00 par value | Mar 1, 2017 | S | 1,596 | $27.6753 | D | 4,330 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Performance RightsF2 | $10.00 | Feb 28, 2017 | M | 2,500 | D | Dec 31, 2014 | Oct 2, 2017 | Common Stock | 2,500 | 2,500 | D |
| Restricted Stock Award | $10.00 | Feb 28, 2017 | M | 2,500 | D | Dec 31, 2014 | Oct 2, 2017 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Reporting person received 1,596 shares of common stock from the exercise of 2,500 Restricted Stock Awards with an exercise price of $10.00.
- F2Each Stock Performance Right was exchanged for cash in the amount of the current price of the Company's common stock less the exercise price ($27.65 - $10.00)