SEC Form 4 · accession 0000908662-15-000209
SEVCON, INC. · SEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan J. Morris
Director
Period of report
May 13, 2015
Accepted (ET)
May 15, 2015 · 4:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000825411
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 14, 2015 | P | 1,300 | $9.9992 | A | 89,114 | I | By Meson Capital L.P. |
| Common Stock | May 14, 2015 | P | 2,300 | $10.00 | A | 8,300 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF2,F3 | $8.00 | May 13, 2015 | P | 70 | A | Sep 8, 2014 | — | Common Stock | 210 | 49,333 | I |
| Series A Convertible Preferred StockF3 | $8.00 | holding | — | — | — | Sep 8, 2014 | — | Common Stock | 1,014 | 338 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $9.99 to $10.00, inclusive. The reporting person undertakes to provide to Sevcon, Inc., any security holder of Sevcon, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
- F2The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
- F3The Series A Convertible Preferred Stock has no expiration date.