P&F INDUSTRIES INC 4
4 · P&F INDUSTRIES INC · Filed May 29, 2007
Insider Transaction Report
Form 4
HOROWITZ RICHARD A
DirectorPrincipal Executive Officer10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2007-05-24$5.19/sh+30,000$155,625→ 368,939 total - Tax Payment
Class A Common Stock
2007-05-24$11.56/sh−7,147$82,619→ 361,792 total - Exercise/Conversion
Stock Option (right to buy)
2007-05-24−30,000→ 0 totalExercise: $5.19From: 1997-05-28Exp: 2007-05-28→ Class A Common Stock (30,000 underlying)
Holdings
- 660,200(indirect: By Trust)
Class A Common Stock
Footnotes (2)
- [F1]Such 7,147 shares were tendered by the Reporting Person as partial payment of exercise price relating to an option to purchase 30,000 shares of the Issuer's Class A Common Stock.
- [F2]Represents 660,200 shares owned by The Article FOURTH Trust u/w/o Linda Horowitz, established pursuant to the terms of the last will and testament of Linda Horowitz. Such 660,200 shares were owned by Linda Horowitz at her death. Richard A. Horowitz has shared voting power and shared dispositive power over the shares owned by The Article FOURTH Trust u/w/o Linda Horowitz with Dennis Kalick, the co-trustee of such Trust.