SEC Form 4 · accession 0000071829-17-000016
NPK International Inc. · NPKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Campbell Smith
Officer — Exec Vice President &
Period of report
Apr 3, 2017
Accepted (ET)
Apr 4, 2017 · 5:37 pm EDT
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 | Apr 3, 2017 | M | 12,242 | $3.31 | A | 248,026 | D | |
| Common StockF1,F2 | Apr 3, 2017 | S | 12,242 | $8.0086 | D | 235,784 | D | |
| Common Stock | Apr 4, 2017 | M | 21,388 | $3.31 | A | 257,172 | D | |
| Common StockF1,F3 | Apr 4, 2017 | S | 21,388 | $8.0422 | D | 235,784 | 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)F4 | $3.31 | Apr 3, 2017 | M | 12,242 | D | — | Jun 10, 2019 | Common Stock | 12,242 | 29,320 | D |
| Non-Qualified Stock Option (right to buy)F4 | $3.31 | Apr 4, 2017 | M | 21,388 | D | — | Jun 10, 2019 | Common Stock | 21,388 | 7,932 | D |
Explanation of responses
- F1The securities were sold pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.125, inclusive.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.15, inclusive.
- F4The options become exercisable in four annual installments beginning on the first anniversary of the date of grant.