SEC Form 4 · accession 0001181431-15-005455
SYPRIS SOLUTIONS INC · SYPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey T Gill
Officer — President and CEO · Director · 10% Owner
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000864240
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 2,903,902 | D | ||
| Common Stock | holding | — | — | — | 23,975 | I | By Wife | |
| Common StockF1 | holding | — | — | — | 1,918,109 | I | GFP I, LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F2,F3 | $2.05 | Apr 1, 2015 | A | 200,000 | A | Apr 1, 2018 | Mar 31, 2020 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Consists of limited partnership interests of GFP I, LP, a Delaware limited partnership. The reporting person, his spouse, and the trusts for the benefit of his three children are limited partners of GFP I, LP and the reporting person is a director and, executive officer and 50% shareholder in Gill Family Capital Management, Inc. the general partner of GFP I, LP.
- F2Options granted pursuant to the 2010 Sypris Omnibus Plan.
- F3Vesting is 100% on the third anniversary of the grant date.