4//SEC Filing
PFORZHEIMER CARL H II 4
Accession 0001209191-23-031817
CIK 0000006176other
Filed
May 23, 8:00 PM ET
Accepted
May 24, 9:35 AM ET
Size
18.1 KB
Accession
0001209191-23-031817
Insider Transaction Report
Form 4
PFORZHEIMER CARL H II
Director
Transactions
- Exercise of In-Money
Common Stock
2020-09-22$3.50/sh+714$2,499→ 2,314 total(indirect: See Footnote) - Exercise/Conversion
Common Stock
2022-07-22$4.00/sh+714$2,856→ 3,028 total(indirect: See Footnote) - Exercise of In-Money
Series A Warrant (right to buy)
2020-09-22+1,600→ 1,600 total(indirect: See Footnote)Exercise: $2.57From: 2020-09-22Exp: 2025-08-01→ Common Stock (714 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2020-09-22−1,600→ 0 total(indirect: See Footnote)Exercise: $1.56From: 2020-08-18Exp: 2020-09-18→ Units consisting of Common Stock and Series A Warrants - Exercise/Conversion
Series A Warrant (right to buy)
2022-07-22−1,600→ 0 total(indirect: See Footnote)Exercise: $2.57From: 2020-09-22Exp: 2025-08-01→ Common Stock (714 underlying)
Holdings
- 141,383
Common Stock
Footnotes (6)
- [F1]This Form 4 is being filed to include the acquisition of shares of common stock and Series A Warrants that had been inadvertently omitted.
- [F2]Represents the conversion of a subscription right issued by the Issuer as part of a rights offering that closed on September 22, 2020 (the "Rights Offering"). Each subscription right was exercisable for units that consisted of (i) 0.4464 shares of common stock and (ii) a Series A warrant exercisable to acquire 0.4464 shares of common stock at an exercise price of $2.5668 (or $5.75 per whole share of common stock under the Series A warrants). The subscription price of each unit was $1.5624 per unit (or $3.50 per whole share of common stock and Series A warrants to purchase a whole share of common stock). The securities issued upon conversion of the subscription rights are exempted from Section 16(b) pursuant to Rule 16b-3.
- [F3]Shares are held equally between two different trusts, including half of the shares that are held by a trust of which Reporting Person is a trustee and principal beneficiary and the other half are held by a trust of which Reporting Person is a trustee in which he disclaims beneficial ownership.
- [F4]Represents the conversion of Series A warrants issued by the Issuer as part of the Rights Offering, converted at the temporarily discounted price of $1.7856 per Series A warrant (or $4.00 per whole share of the Issuer's common stock). Beginning May 31, 2022 and expiring at 11:59 p.m. Eastern Time on July 15, 2022, the Issuer through an offer to exercise offered holders of the Issuer's outstanding Series A warrants the opportunity to exercise their Series A warrants at the temporarily reduced exercise price of $1.7856 per Series A warrant (or $4.00 per whole share of the Corporation's common stock).
- [F5]Other than between May 31, 2022 and before 11:59 p.m. Eastern Time on July 15, 2022, when each Series A warrant represented the right to purchase 0.4464 shares of common stock at a temporarily reduced exercise price of $1.7856 per each Series A warrant, each Series A warrant represents the right to purchase 0.4464 shares of common stock at an exercise price of $2.5668 per series A warrant (or $5.75 per whole share of the Issuer's common stock). The Series A warrants are exercisable only for whole numbers of shares of Common Stock.
- [F6]Series A warrants were issued on September 22, 2020 upon the conversion of a subscription right issued by the Issuer as part of a rights offering. Each subscription right was exercisable for units that consisted of (i) 0.4464 shares of common stock and (ii) a Series A warrant exercisable to acquire 0.4464 shares of common stock at an exercise price of $2.5668 (or $5.75 per whole share of common stock under the Series A warrants). The subscription price of each unit was $1.5624 per unit (or $3.50 per whole share of common stock and Series A warrants to purchase a whole share of common stock). The securities issued upon conversion of the subscription rights are exempted from Section 16(b) pursuant to Rule 16b-3.
Documents
Issuer
AMPCO PITTSBURGH CORP
CIK 0000006176
Entity typeother
Related Parties
1- filerCIK 0001190987
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 9:35 AM ET
- Size
- 18.1 KB