SEVCON, INC. 4
4 · SEVCON, INC. · Filed Sep 10, 2014
Insider Transaction Report
Form 4
SEVCON, INC.SEV
SCHORR MARVIN G
Director
Transactions
- Exercise/Conversion
Series A Convertible Preferred Stock
2014-09-08$21.50/sh+22,448$482,632→ 22,448 totalExercise: $8.00From: 2014-09-08→ Common Stock (67,344 underlying) - Exercise/Conversion
Subscription Rights (Right to Buy)
2014-09-08−172,386→ 0 totalExercise: $21.50Exp: 2014-09-08→ Preferred Stock (22,448 underlying)
Footnotes (4)
- [F1]The subscription rights reflected on this Form 4 were issued to the reporting person in connection with Sevcon, Inc.'s rights offering, in which Sevcon, Inc. distributed, at no charge, to holders of its common stock, transferable subscription rights to purchase shares of the company's Series A Convertible Preferred Stock.
- [F2]Immediately exercisable
- [F3]All unexercised rights expired on September 8, 2014.
- [F4]The Series A Convertible Preferred Stock has no expiration date.