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5//SEC Filing

DEZWIREK PHILLIP 5

Accession 0001181431-13-002694

CIK 0001081078other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 5:26 PM ET

Size

35.3 KB

Accession

0001181431-13-002694

Insider Transaction Report

Form 5
Period: 2011-11-30
DEZWIREK PHILLIP
DirectorChairman10% Owner
Transactions
  • Purchase

    Common Stock

    2011-01-12$5.79/sh+600$3,474743,755 total(indirect: By Icarus Investment Corp.)
  • Purchase

    Common Stock

    2011-01-18$6.07/sh+1,500$9,105747,555 total(indirect: By Icarus Investment Corp.)
  • Sale

    Common Stock

    2011-06-24$7.45/sh2,000$14,9001,146,555 total(indirect: By Icarus Investment Corp.)
  • Sale

    Common Stock

    2011-03-28$7.80/sh10,000$78,000189,833 total
  • Sale

    Common Stock

    2011-05-19$6.97/sh7,000$48,790180,333 total
  • Purchase

    Common Stock

    2010-11-19$3.88/sh+1,250$4,85034,541 total
  • Sale

    Common Stock

    2011-03-01$6.26/sh2,000$12,52033,166 total
  • Purchase

    Common Stock

    2011-01-14$6.05/sh+2,300$13,915746,055 total(indirect: By Icarus Investment Corp.)
  • Sale

    Common Stock

    2009-05-29$2.82/sh19,208$54,16733,291 total
  • Sale

    Common Stock

    2011-06-20$7.00/sh6,666$46,662166,667 total
  • Purchase

    Common Stock

    2010-11-24$4.04/sh+625$2,52535,166 total
  • Sale

    Common Stock

    2011-03-31$8.18/sh2,500$20,450187,333 total
  • Sale

    Common Stock

    2011-05-20$7.00/sh2,000$14,000178,333 total
  • Sale

    Common Stock

    2011-06-02$7.50/sh5,000$37,500173,333 total
Holdings
  • Warrant (right to buy)

    (indirect: Icarus Investment Corp.)
    Exercise: $5.60From: 2010-01-21Exp: 2015-01-20Common Stock (111,608 underlying)
    111,608
  • Common Stock

    (indirect: By Spouse)
    16,667
  • Warrant (right to buy)

    (indirect: Icarus Investment Corp.)
    Exercise: $5.08From: 2009-12-18Exp: 2012-06-23Common Stock (11,987 underlying)
    11,987
  • Warrant (right to buy)

    Exercise: $5.53From: 2006-11-06Exp: 2013-01-20Common Stock (208,334 underlying)
    208,334
  • Common Stock

    (indirect: By Spouse)
    13,333
  • Exchangeable shares of API Nanotronics Sub., Inc.

    From: 2006-11-06Common Stock (287,500 underlying)
    287,500
Footnotes (14)
  • [F1]The prices and shares listed in columns 4 and 5 of Table I and columns 2, 7 and 9 of Table II of this Form 5 reflect a 1 for 15 reverse stock split effective September 19, 2008 and a 1 for 4 reverse stock split effective December 28, 2010.
  • [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.25 to $6.26, inclusive.
  • [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.15 to $8.20, inclusive.
  • [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.96 to $7.00, inclusive.
  • [F13]Exchangeable shares are convertible into common stock of the Issuer on a 1-for-1 basis.
  • [F14]The Issuer may require the exchange of the exchangeable shares into common stock of the Issuer commencing November 6, 2016 or sooner under specified circumstances. The exchangeable shares are exchangeable for common stock of the Issuer at any time at the option of the holder.
  • [F2]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.78 to $5.85, inclusive. The reporting person undertakes to provide to API Technologies Corp., any security holder of API Technologies Corp., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold or purchased, as applicable, at each separate price within the ranges set forth in footnotes 2 through 4 and footnotes 9 through 12 to this Form 5.
  • [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.15, inclusive.
  • [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.99 to $6.10, inclusive.
  • [F5]In connection with this transaction, Icarus Investment Corp. has agreed to voluntarily remit appropriate profits to API Technologies Corp., pursuant to Section 16(b) of the Securities Exchange Act of 1934.
  • [F6]Reflects the effect of non-reportable transactions that occurred after January 21, 2011.
  • [F7]Filer is President of Icarus Investment Corp. and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, if any, therein.
  • [F8]In connection with this transaction, filer has agreed to voluntarily remit appropriate profits to API Technologies Corp., pursuant to Section 16(b) of the Securities Exchange Act of 1934.
  • [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.72 to $2.96, inclusive.

Issuer

API Technologies Corp.

CIK 0001081078

Entity typeother

Related Parties

1
  • filerCIK 0000897715

Filing Metadata

Form type
5
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 5:26 PM ET
Size
35.3 KB