SEC Form 4 · accession 0000071829-18-000018
NPK International Inc. · NPKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Campbell Smith
Officer — Exec Vice President & Chief
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 10:37 am 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 | Feb 21, 2018 | M | 23,072 | $7.89 | A | 292,942 | D | |
| Common StockF1 | Feb 21, 2018 | S | 23,072 | $8.423 | D | 269,870 | D | |
| Common Stock | Feb 22, 2018 | M | 20,678 | $7.89 | A | 290,548 | D | |
| Common StockF2 | Feb 22, 2018 | S | 20,678 | $8.5306 | D | 269,870 | 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)F3 | $7.89 | Feb 21, 2018 | M | 23,072 | D | — | Jun 10, 2018 | Common Stock | 23,072 | 64,428 | D |
| Non-Qualified Stock Option (right to buy)F3 | $7.89 | Feb 22, 2018 | M | 20,678 | D | — | Jun 10, 2018 | Common Stock | 20,678 | 43,750 | 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 $8.50, inclusive.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.40 to $8.60, inclusive.
- F3The options become exercisable in increments of one-third of the shares each year.