SEC Form 4 · accession 0000071829-16-000155
NPK International Inc. · NPKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James McFarland
Director
Period of report
Dec 8, 2016
Accepted (ET)
Dec 9, 2016 · 3:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000071829
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 8, 2016 | M | 10,000 | $7.17 | A | 237,928 | D | |
| Common StockF1 | Dec 8, 2016 | F | 9,180 | $7.8102 | D | 228,748 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $7.17 | Dec 8, 2016 | M | 10,000 | D | Dec 28, 2009 | Dec 28, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Exercise of reporting person's options that would otherwise expire December 28, 2016 of which shares were sold to cover the exercise price pursuant to a cashless exercise and hold.
- F2The options vested in increments of one-third of the shares annually for three years.