SEC Form 4 · accession 0000842633-15-000155
TRIMAS CORP · TRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marshall A Cohen
Director
Period of report
Nov 9, 2015
Accepted (ET)
Nov 12, 2015 · 8:31 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000842633
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 9, 2015 | M | 28,427 | $0.86 | A | 79,426 | D | |
| Common Stock | Nov 9, 2015 | F | 1,202 | $20.34 | D | 78,224 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to buy)F1,F2 | $0.86 | Nov 9, 2015 | M | 28,427 | D | — | Mar 9, 2019 | Common Stock | 28,427 | 0 | D |
Explanation of responses
- F1In connection with the spin-off of Horizon Global Corporation by the Issuer on June 30, 2015, this option (originally covering 24,000 shares with an exercise price of $1.01 per share) was adjusted to generally preserve the value of the original option as of June 30, 2015.
- F2Option to purchase shares of common stock of the Company granted March 9, 2009 under the TriMas Corporation 2006 Long Term Equity Incentive Plan, which option became exercisable for 1/3 of the shares covered by the option on each of the first three anniversaries of the date of grant.