Smith Kirin 4
4 · CRAWFORD UNITED Corp · Filed Dec 15, 2020
Insider Transaction Report
Form 4
CRAWFORD UNITED CorpCRAWA
Smith Kirin
Director
Transactions
- Exercise/Conversion
Class A Common Shares, without par value
2020-12-09$2.92/sh+1,000$2,925→ 20,935 total - Exercise/Conversion
Stock Option (Right to Buy)
2020-12-09−1,000→ 1,000 totalExercise: $2.92Exp: 2021-02-24→ Class A Common Shares (1,000 underlying)
Holdings
- 51,114(indirect: By Intrinsic Value Capital, L.P.)
Class A Common Shares, without par value
Footnotes (3)
- [F1]As a managing member of Glaubman & Rosenberg Partners, LLC and Glaubman & Rosenberg Advisors, LLC, the general partner and investment manager of Intrinsic Value Capital, L.P. ("IVC"), respectively, Kirin Smith may be deemed to beneficially own the Class A Common Shares beneficially owned by IVC. The reporting person disclaims beneficial ownership of the securities beneficially owned by the other members of the group except to the extent of his pecuniary interest therein.
- [F2]Granted pursuant to the Hickok Incorporated 2010 Outside Directors Stock Option Plan. These options became exercisable in equal 33% increments over three years beginning on February 24, 2012.
- [F3]The reporting person still holds previously reported options to buy 1,000 Class A Common Shares granted pursuant to the Hickok Incorporated 2010 Outside Directors Stock Option Plan. These options were granted on March 8, 2012, at an exercise price of $2.925, became exercisable between 2013 and 2015 and expire on March 8, 2022.