SEC Form 4 · accession 0000071829-17-000090
NPK International Inc. · NPKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Lanigan
Officer — VP and Pres of NMIS
Period of report
Aug 1, 2017
Accepted (ET)
Aug 2, 2017 · 2:17 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 | Aug 1, 2017 | S | 5,823 | $8.455 | D | 50,000 | D | |
| Common Stock | Aug 1, 2017 | M | 34,948 | $4.32 | A | 84,948 | D | |
| Common StockF1 | Aug 1, 2017 | S | 34,948 | $8.4552 | D | 50,000 | 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 | $4.32 | Aug 1, 2017 | M | 34,948 | D | — | May 19, 2026 | Common Stock | 34,948 | 69,896 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.40 to $8.475, inclusive.
- F2The options become exercisable in increments of one-third of the shares each year.