SEC Form 4 · accession 0001739481-18-000034
UFP TECHNOLOGIES INC · UFPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W David Smith
Officer — Vice President
Period of report
Aug 2, 2018
Accepted (ET)
Aug 3, 2018 · 3:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914156
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 Par Value | Aug 2, 2018 | M | 7,286 | $21.67 | A | 19,837 | D | |
| Common Stock, $.01 Par ValueF1 | Aug 2, 2018 | S | 4,808 | $34.35 | D | 15,029 | D | |
| Common Stock, $.01 Par ValueF2 | Aug 2, 2018 | S | 2,478 | $35.02 | D | 12,551 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 Par ValueF4 | $21.67 | Aug 2, 2018 | M | 7,286 | D | — | Sep 12, 2018 | Common Stock, $.01 Par Value | 7,286 | 2,600 | D |
Explanation of responses
- F1The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.00 to $34.99, inclusive. The reporting person undertakes to provide UFP Technologies, Inc., any security holder of UFP Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F2The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.00 to $35.10, inclusive. The reporting person undertakes to provide UFP Technologies, Inc., any security holder of UFP Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2018.
- F4The option initially covered 30,000 shares and became exercisable with respect to 7,500 shares on 9/12/13 and with respect to an additional 7,500 shares on each of the three anniversary dates thereafter.