SEC Form 4 · accession 0001179110-17-009817
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
Jun 30, 2017
Accepted (ET)
Jun 30, 2017 · 4:02 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 Stock | holding | — | — | — | 427,306 | 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,F4,F1 | $1.51 | Jun 30, 2017 | H | 94,050 | D | — | Sep 28, 2017 | Common Stock | 94,050 | 121,875 | D |
| Stock Option (Right to Buy)F3,F4,F2 | $4.40 | Jun 30, 2017 | H | 371,925 | D | — | Dec 31, 2018 | Common Stock | 371,925 | 121,875 | D |
Explanation of responses
- F1Termination of unvested options, granted on January 15, 2016. An aggregate of 62,700 options from this grant vested in 20% increments on each of January 15, 2016 and January 15, 2017.
- F2Termination of options granted on February 10, 2017, of which no options vested.
- F3Upon the resignation of Mr. Young as an officer, director and employee of ARC Group Worldwide, Inc., effective at the close of business on June 30, 2017, the vested options will expire 90 days from such termination date, if not exercised for the purchase of common stock. At Mr. Young's election, he may extend the option exercise period to five years.
- F4Includes (i) a vested incentive stock option for the purchase of 62,700 shares, granted on January 15, 2016; and, (ii) an incentive stock option exercisable for the purchase of 59,175 shares, granted and fully vested as of August 26, 2016.