SEC Form 4 · accession 0000908662-17-000199
SEVCON, INC. · SEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bassi Holding S.r.l.
10% Owner
Period of report
Sep 27, 2017
Accepted (ET)
Sep 29, 2017 · 12:50 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 | Sep 27, 2017 | J | 610,000 | $22.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF2 | $10.00 | Sep 27, 2017 | J | 55,000 | D | Jul 6, 2016 | Jul 8, 2021 | Common Stock | 55,000 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to merger agreement by and among Issuer, BorgWarner Inc. and Slade Merger Sub Inc. for a cash payment of the per share price noted.
- F2This warrant was repurchased by the Issuer in connection with the closing under the merger agreement for a per share price equal to the spread between $22.00 and the exercise price.