SEC Form 4 · accession 0000899243-17-014948
SIFCO INDUSTRIES INC · SIF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvatore Incanno
Officer — VP of Finance & CFO
Period of report
May 31, 2017
Accepted (ET)
Jun 1, 2017 · 2:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000090168
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| SIFCO Industries, Inc. Common Stock | May 31, 2017 | M | 3,572 | $0.00 | A | 5,949 | D | |
| SIFCO Industries, Inc. Common Stock | May 31, 2017 | F | 1,213 | $7.58 | D | 4,736 | D | |
| SIFCO Industries, Inc. Common StockF3 | holding | — | — | — | 6,230 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bonus UnitF4,F2,F5 | — | May 31, 2017 | M | 3,572 | D | — | — | SIFCO Industries, Inc. Common Stock | 3,572 | 0 | D |
Explanation of responses
- F1Vesting of bonus units into shares of common stock.
- F2The remaining 50% of the bonus units awarded vested on May 31, 2017 (3,572 shares vested and of this amount, 1,213 shares were tendered back to the Company to pay required withholding taxes).
- F3On January 9, 2017, 6,230 restricted shares of SIFCO Industries, Inc. common stock were awarded. Restriction to lapse on the day immediately preceding the three year anniversary date of such award.
- F4Each bonus unit represented an unvested share of SIFCO Industries, Inc. common stock.
- F5The bonus units vested in approximately equal installments on November 30, 2016 and May 31, 2017.