SEC Form 4 · accession 0001642162-16-000005
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
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 4:11 pm EST
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 | Nov 30, 2016 | M | 3,571 | $0.00 | A | 3,571 | D | |
| SIFCO Industries, Inc. Common stock | Nov 30, 2016 | F | 1,194 | $11.25 | D | 2,377 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bonus unitF3,F4 | — | Nov 30, 2016 | M | 3,571 | D | — | — | SIFCO Industries, Inc. Common Stock | 3,571 | 3,572 | D |
Explanation of responses
- F1Vesting of bonus units into shares of common stock.
- F2As previously disclosed on June 3, 2016, 50% of the bonus units awarded vested on November 30, 2016 (3,571 shares vested and of this amount, 1,194 shares were tendered back to the Company to pay required withholding taxes).
- F3Each bonus unit represented an unvested share of SIFCO Industries, Inc. common stock.
- F4The bonus unit vest in approximately equal installments on November 30, 2016 and May 31, 2017.