SEC Form 4 · accession 0000914190-17-000022
ARTS WAY MANUFACTURING CO INC · ARTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carrie L. Gunnerson
Officer — President and CEO
Period of report
Jan 27, 2017
Accepted (ET)
Jan 31, 2017 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000007623
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 27, 2017 | A | 10,500 | $0.00 | A | 30,274 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $10.57 | holding | — | — | — | — | Oct 1, 2017 | Common Stock | 16,000 | 16,000 | D |
| Stock Option (Right to Buy)F3 | $13.38 | holding | — | — | — | — | Feb 1, 2018 | Common Stock | 12,000 | 12,000 | D |
| Stock Option (Right to Buy)F3 | $5.01 | holding | — | — | — | — | Aug 6, 2020 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Represents 10,500 shares of restricted stock, the restrictions on which will lapse in 3,500 share increments annually beginning on January 27, 2018.
- F2Includes (i) 500 shares of restricted stock for which risks of forfeiture lapse on 3/1/17; (ii) 2,000 shares of restricted stock for which risks of forfeiture lapse in 1,000 share increments on each of 2/13/17 and 2/13/18; (iii) 5,000 shares of restricted stock for which risks of forfeiture lapse in 2,500 share increments on each of 1/29/18 and 1/29/19; and (iv) 10,500 shares of restricted stock for which risks of forfeiture lapse in 3,500 share increments on each of 1/27/18, 1/27/19 and 1/27/20.
- F3Fully exercisable.