SEC Form 4 · accession 0001140361-16-064291
P&F INDUSTRIES INC · PFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
LAWNDALE CAPITAL MANAGEMENT LLC
10% Owner
Period of report
Apr 15, 2016
Accepted (ET)
May 10, 2016 · 3:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000075340
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 15, 2016 | L | 960 | $9.0451 | A | 408,193 | I | See Note 1 |
| Common StockF1 | May 6, 2016 | P | 21,554 | $9.1492 | A | 429,747 | I | See Note 1 |
| Common StockF1 | May 9, 2016 | P | 25,300 | $9.0352 | A | 455,047 | I | See Note 1 |
| Common StockF1 | May 10, 2016 | P | 9,153 | $9.0908 | A | 464,200 | I | See Note 1 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Lawndale Capital Management, LLC ("Lawndale") is the investment adviser and general partner of investment limited partnerships. Andrew E. Shapiro is Lawndale's manager and controlling owner. These securities are held directly by those partnerships for the benefit of their investors. The securities may be deemed to be indirectly beneficially owned by Lawndale as the investment adviser and general partner of the partnerships and by Mr. Shapiro as the control person of Lawndale. Each of Lawndale and Mr. Shapiro disclaims beneficial ownership of such securities except to the extent of that person's pecuniary interest therein. Mr. Shapiro is executing this Form 4 individually and as Manager of Lawndale Capital Management, LLC.