Home/Filings/4/0001181431-05-025405
4//SEC Filing

LUBIN MICHAEL A 4

Accession 0001181431-05-025405

CIK 0000012570other

Filed

May 2, 8:00 PM ET

Accepted

May 3, 8:30 PM ET

Size

23.0 KB

Accession

0001181431-05-025405

Insider Transaction Report

Form 4
Period: 2005-04-29
LUBIN MICHAEL A
DirectorChairman of the Board10% Owner
Transactions
  • Other

    Common Stock Warrants (right to buy)

    2005-04-293800 total(indirect: See Footnote)
    Exercise: $3.50From: 2005-08-01Exp: 2009-08-01Common Stock (380 underlying)
  • Other

    Common Stock

    2005-04-2970,0000 total(indirect: See Footnote)
  • Other

    Common Stock Warrants (right to buy)

    2005-04-294600 total(indirect: See Footnote)
    Exercise: $3.50From: 2005-08-01Exp: 2009-08-01Common Stock (460 underlying)
  • Other

    Common Stock Warrants (right to buy)

    2005-04-29+840840 total(indirect: By LLC)
    Exercise: $3.50From: 2005-08-01Exp: 2009-08-01Common Stock (840 underlying)
Holdings
  • Common Stock

    1,453,279
  • Common Stock Warrants (right to buy)

    (indirect: By Spouse)
    Exercise: $3.50From: 2005-08-01Exp: 2009-08-01Common Stock (540 underlying)
    540
  • Common Stock

    (indirect: By Partnership)
    89,062
  • Common Stock Warrants (right to buy)

    (indirect: By Spouse)
    Exercise: $3.50From: 2005-08-01Exp: 2009-08-01Common Stock (150 underlying)
    150
  • Common Stock Warrants (right to buy)

    Exercise: $3.50From: 2005-08-01Exp: 2009-08-01Common Stock (20,960 underlying)
    20,960
  • Common Stock Warrants (right to buy)

    (indirect: By Trust)
    Exercise: $3.50From: 2005-08-01Exp: 2009-08-01Common Stock (3,110 underlying)
    3,110
Footnotes (7)
  • [F1]On April 29, 2005, 70,000 shares of the common stock, $0.25 par value per share of Lexington Precision Corporation (the "Common Stock"), of which 35,000 shares were owned by each of the reporting person's sons, Alexander M. Lubin and Mark David Lubin, with respect to each of which the reporting person acted as a custodian under the Uniform Gift to Minors Act ("UGMA") were transferred to Lubin Partners LLC, of which the reporting person is the managing member.
  • [F2]The reporting person disclaims beneficial ownership of these securities in excess of his membership percentage interest in Lubin Partners LLC, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  • [F3]The reported securities are part of units, each unit consisting of 12% senior subordinated notes due 2009 and warrants to purchase shares of Common Stock.
  • [F4]This transaction relates to 46 units, which include 460 warrants to purchase Common Stock, with respect to which the reporting person was custodian for his son, Alexander M. Lubin, under the UGMA (the "46 Units"). On April 29, 2005, the 46 Units were transferred to Lubin Partners LLC, of which the reporting person is the managing member.
  • [F5]This transaction relates to 38 units, which include 380 warrants to purchase Common Stock, with respect to which the reporting person was custodian for his other son, Mark David Lubin, under the UGMA (the "38 Units"). On April 29, 2005, the 38 Units were transferred to Lubin Partners LLC, of which the reporting person is the managing member.
  • [F6]On April 29, 2005, the 46 Units and the 38 Units were transferred to Lubin Partners LLC, of which the reporting person is the managing member.
  • [F7]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Issuer

LEXINGTON PRECISION CORP

CIK 0000012570

Entity typeother

Related Parties

1
  • filerCIK 0001018895

Filing Metadata

Form type
4
Filed
May 2, 8:00 PM ET
Accepted
May 3, 8:30 PM ET
Size
23.0 KB