SEC Form 4 · accession 0000071829-18-000050
NPK International Inc. · NPKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg Piontek
Officer — Senior Vice President and CFO
Period of report
May 2, 2018
Accepted (ET)
May 3, 2018 · 6:18 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 | May 2, 2018 | M | 23,390 | $3.31 | A | 171,353 | D | |
| Common StockF1 | May 2, 2018 | S | 51,490 | $10.5051 | D | 119,863 | D | |
| Common Stock | May 2, 2018 | M | 28,100 | $7.89 | A | 147,963 | 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 | $3.31 | May 2, 2018 | M | 23,390 | D | — | Jun 10, 2019 | Common Stock | 23,390 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $7.89 | May 2, 2018 | M | 28,100 | D | — | Jun 10, 2018 | Common Stock | 28,100 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.55, inclusive.
- F2The options become exercisable in four annual installments beginning on the first anniversary of the date of grant.
- F3The options become exercisable in increments of one-third of the shares each year.