SEC Form 4 · accession 0001042167-17-000090
STRATTEC SECURITY CORP · STRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harold M Stratton II
Director
Period of report
Aug 22, 2017
Accepted (ET)
Aug 23, 2017 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000933034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1,F2 | Aug 22, 2017 | A | 800 | $0.00 | A | 56,304 | D | |
| Common Stock, par value $.01 per shareF3 | holding | — | — | — | 2,501 | I | Note |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of restricted stock which vest pro rata over a three year period on the anniversary of the date of grant (i.e., one-third vest on each of August 22,2018, August 22, 2019 and August 22, 2020).
- F222,900 of these shares are held jointly by Mr. Stratton and his spouse. The number of shares beneficially owned following the reported transaction has been reduced by 1,500 shares from the amount reported in the reporting person's last report because the prior report counted such 1,500 shares as being both directly owned and owned jointly with the reporting person's spouse.
- F3These shares are held in various trusts as to which Mr. Stratton is co-trustee and/or beneficiary.