SEC Form 4 · accession 0001140361-17-038005
STANDARD MOTOR PRODUCTS, INC. · SMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale Burks
Officer — EVP & Chief Commercial Officer
Period of report
Oct 6, 2017
Accepted (ET)
Oct 10, 2017 · 2:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000093389
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 6, 2017 | A | 1,031 | $0.00 | A | 39,962 | D | |
| Common StockF2 | Oct 9, 2017 | S | 950 | $48.50 | D | 39,012 | D | |
| Common StockF3 | holding | — | — | — | 5,920 | I | See note | |
| Common StockF4 | holding | — | — | — | 7,512 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares granted upon the vesting of a performance share award issued to the reporting person in October 2014 under the Company's 2006 Omnibus Incentive Plan.
- F2This transaction was a broker-assisted sale of shares to cover the payment of withholding tax liability incurred upon the vesting of restricted stock and a performance share award issued to the reporting person in October 2014 under the Company's 2006 Omnibus Incentive Plan. This transaction was executed in multiple trades at a price of $48.50. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares at which the transaction was effected.
- F3These shares are owned directly by DKB Family Holdings, LLC (the "Company"), and indirectly by the reporting person, who is an officer of the issuer and an officer and manager of the Company.
- F4ESOP shares beneficially owned. Allocations and/or dispositions may have occurred since the date of the reporting person's last ownership report.