SEC Form 4 · accession 0001179110-16-029121
ARC Group Worldwide, Inc. · ARCW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Taney Young
Officer — CEO & President · Director
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000826326
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 422,009 | 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,F2 | $2.50 | Aug 26, 2016 | A | 59,175 | A | — | Aug 26, 2023 | Common Stock | 59,175 | 215,925 | D |
Explanation of responses
- F1Mr. Young previously reported indirect beneficial ownership of 9,035,193 shares of ARC Group Worldwide, Inc. common stock owned by the Everest Hill Group Inc. ("Everest Hill"). Mr. Young does not as of the date hereof have power to vote the shares owned by Everest Hill or power to disposition over such shares, and therefor as of the date hereof is not construed to be a beneficial owner of such shares. Mr. Young has no direct or indirect interest in the shares owned by Everest Hill.
- F2Option granted on August 26, 2016, fully vested as of the date of grant. Mr. Young may exercise the option at any time.
- F3Includes (i) an incentive stock option exercisable for the purchase of 156,750 shares, granted on January 15, 2016, of which 20% vested on January 15, 2016 and the balance will vest in equal increments of 20% of the total award on each anniversary thereof; and (ii) an incentive stock option exercisable for the purchase of 59,175 shares, granted and fully vested as of August 26, 2016.