SEC Form 4 · accession 0001493152-17-001944
PEN INC. · PENC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott E. Rickert
Officer — CEO, President, Chairman · Director · 10% Owner
Period of report
Feb 24, 2017
Accepted (ET)
Feb 27, 2017 · 11:59 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000891417
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | Feb 24, 2017 | J | 1,282 | $1.56 | A | 469,533 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F15,277 shares are held directly, the balance are held indirectly through Rickert Family, Limited Partnership
Remarks
1,392,768 shares of Class B common stock are held by Rickert Family, Limited Partnership an entity for which Mr. Rickert is the general partner and has sole voting and dispositive control. Mr. Rickert disclaims beneficial ownership of 928,512 shares for which he does not have pecuniary interest and this filing should not be construed as an admission that the reporting person is the beneficial owner of these securities. Shares acquired were awarded as compensation for service as a director of PEN Inc.