SEC Form 4 · accession 0001185185-16-004165
AROTECH CORP · ARTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon B Kutler
Director · Other
Period of report
Apr 4, 2016
Accepted (ET)
Apr 6, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000916529
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 4, 2016 | A | 14,403 | $0.00 | A | 24,907 | D | |
| Common StockF3 | holding | — | — | — | 1,650,700 | I | Owned by affiliates |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Annual grant of $35,000 worth of restricted stock, vesting 1/3 on March 31, 2017, 1/3 on March 31, 2018, and 1/3 on March 31, 2019.
- F2Consists of 24,907 unvested shares of restricted stock.
- F31,500,000 of such shares are owned by Admiralty Partners, Inc., of which the filling person is a director. 50,000 of such shares are owned by a trust of which the filing person and his spouse are sole settlors and trustees along with one other person. 100,700 of such shares are owned by a trust of which the filing person and his spouse are sole settlors and co-trustees. The filing person disclaims beneficial ownership of the shares reported herein as indirectly owned except to the extent of his voting and/or dispositive power.