4//SEC Filing
NATCO GROUP INC 4
Accession 0001181431-05-049552
CIK 0001057693operating
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 4:24 PM ET
Size
15.0 KB
Accession
0001181431-05-049552
Insider Transaction Report
Form 4
LIME ROCK PARTNERS II LP
10% Owner
Transactions
- Other
Contractual Right
2005-06-01+1→ 1 totalExercise: $0.00→ Common Stock (5,000 underlying) - Exercise of In-Money
Common Stock Purchase Warrant
2005-08-26−248,800→ 0 totalExercise: $10.00Exp: 2006-03-25→ Common Stock (248,800 underlying) - Exercise of In-Money
Common Stock
2005-08-26$17.93/sh+110,061$1,973,724→ 110,061 total
Lime Rock Partners GP II, L.P.
10% Owner
Transactions
- Exercise of In-Money
Common Stock Purchase Warrant
2005-08-26−248,800→ 0 totalExercise: $10.00Exp: 2006-03-25→ Common Stock (248,800 underlying) - Other
Contractual Right
2005-06-01+1→ 1 totalExercise: $0.00→ Common Stock (5,000 underlying) - Exercise of In-Money
Common Stock
2005-08-26$17.93/sh+110,061$1,973,724→ 110,061 total
LRP GP II, Inc.
10% Owner
Transactions
- Exercise of In-Money
Common Stock Purchase Warrant
2005-08-26−248,800→ 0 totalExercise: $10.00Exp: 2006-03-25→ Common Stock (248,800 underlying) - Other
Contractual Right
2005-06-01+1→ 1 totalExercise: $0.00→ Common Stock (5,000 underlying) - Exercise of In-Money
Common Stock
2005-08-26$17.93/sh+110,061$1,973,724→ 110,061 total
Footnotes (6)
- [F1]This Form 4 is filed by Lime Rock Partners II, L.P. ("Fund"), Lime Rock Partners GP II, L.P. ("GP LP"), and LRP GP II, Inc. ("GP Inc.").
- [F2]Exercise of in-the-money Common Stock Purchase Warrant exempt under Rule 16b-6(b). The warrant was settled utilizing the warrant's net exercise feature, under which warrants to purchase 138,739 shares were withheld based on $17.933, the average closing price of Issuer's common stock over the ten-day period beginning August 12, 2005 and ending August 25, 2005.
- [F3]The Fund is the direct beneficial owner of Issuer's securities. GP LP may be deemed to be an indirect beneficial owner of Issuer's securities because of its position as general partner of the Fund and its entitlement to a share of the Fund's profits, and GP Inc. may be deemed to be an indirect beneficial owner of the contractual right because it is the general partner of GP LP and is entitled to a share of GP LP's profits. GP LP and GP Inc. each disclaim beneficial ownership of these securities and this report shall not be deemed to be an admission that GP LP or GP Inc. is the beneficial owner of such securities.
- [F4]Common Stock Purchase Warrants are exercisable at any time before they expire on March 25, 2006, at an exercise price equal to $10 per share of Common Stock.
- [F5]Contractual right related to the grant of 5,000 shares of restricted stock pursuant to an agreement between the Fund and its manager, as the result of which the Fund, GP LP and GP Inc. may be deemed to have a pecuniary interest in these shares. The Fund, GP LP and GP Inc. each disclaim beneficial ownership of these securities except to the extent of any pecuniary interest and this report shall not be deemed to be an admission that the Fund, GP LP or GP Inc. is the beneficial owner of such securities.
- [F6]Restrictions on restricted stock lapse 100% after one year of service by the director recipient, or on June 1, 2006, or sooner on the death, disability or retirement after age 68 of the director recipient, or upon a corporate change. Restricted stock has no expiration date, but may be forfeited if service ends prior to June 1, 2006.
Documents
Issuer
NATCO GROUP INC
CIK 0001057693
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001057693
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 4:24 PM ET
- Size
- 15.0 KB