SEC Form 4 · accession 0000921895-15-000949
SL INDUSTRIES INC · SLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis J Belardi
Officer — CFO, Secretary and Treasurer
Period of report
Apr 14, 2015
Accepted (ET)
Apr 15, 2015 · 2:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000089270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 14, 2015 | M | 5,000 | $12.50 | A | 5,000 | D | |
| Common StockF2 | Apr 14, 2015 | F | 1,471 | $42.49 | D | 3,529 | 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 | $12.50 | Apr 14, 2015 | M | 5,000 | D | — | Aug 29, 2017 | Common Stock | 5,000 | 6,003 | D |
Explanation of responses
- F1These shares were acquired through the exercise of stock options granted on August 30, 2010 pursuant to the Issuer's 2008 Incentive Stock Plan.
- F2Transaction represents withholding of shares based on a net exercise to satisfy exercise cost.
- F38,333 options vested on August 30, 2011; 8,333 options vested on August 30, 2012; and the remaining 8,334 options vested on August 30, 2013.