SEC Form 4 · accession 0001493152-18-007812
PEN INC. · PENC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | May 23, 2018 | J | 1,681 | $1.19 | A | 526,390 | I | SeeNote1 |
Table II — derivative securities
Explanation of responses
- F1Of the total holdings, 18,244 shares of Class B common stock are held directly by the reporting person, 464,256 shares of Class B common stock and 43,910 shares of Class A common stock are held indirectly through Rickert Family, Limited Partnership. Holders of Class B common stock may convert the Class B shares into Class A shares at any time.
Remarks
Amount does not include shares of the Issuer's Class B or Class A common stock held by the Rickert Family, Limited Partnership, except to the extent of the 33.33% limited partnership interest owned by the reporting person for which she has none of the voting control. The reporting person disclaims beneficial ownership of the Issuer's securities owned by the Rickert Family, Limited Partnership, except to the extent of her 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.