HOROWITZ RICHARD A 4
4 · P&F INDUSTRIES INC · Filed Jun 25, 2018
Insider Transaction Report
Form 4
HOROWITZ RICHARD A
DirectorPrincipal Executive Officer10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2018-06-22$3.98/sh+151,557$603,197→ 1,336,306 total - Exercise/Conversion
Stock Option (right to buy)
2018-06-22+151,557→ 0 totalExercise: $3.98Exp: 2018-06-23→ Class A Common Stock (151,557 underlying)
Footnotes (1)
- [F1]Option was originally granted on June 24, 2008 as follows: 145,000 shares with an exercise price of $4.16 per share. Such option became fully vested and exercisable on June 24, 2013. As a result of a special cash dividend paid to stockholders of the Issuer in April 2016, in accordance with the terms of the Issuer's stock option plans and applicable Internal Revenue Code rules, the number of options held by all of Issuer's option holders and the exercise price of such options were equitably adjusted.