4//SEC Filing
AMERICAN LOCKER GROUP INC 4
Accession 0001437749-14-018181
CIK 0000008855operating
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 12:22 PM ET
Size
9.6 KB
Accession
0001437749-14-018181
Insider Transaction Report
Form 4
LUBER PAUL B
Director
Transactions
- Purchase
Series D Preferred
2014-08-12$5.00/sh+5,000$25,000→ 5,000 totalExercise: $1.00From: 2014-08-12→ Common Stock ($1.00 par) (25,000 underlying) - Purchase
Call Option (Right to Purchase)
2014-08-12+24,000→ 24,000 totalExercise: $0.01→ Common Stock ($1.00 par) (24,000 underlying)
Holdings
- 167,237
Common Stock ($1.00 par)
- 20,000
Series C Preferred
Exercise: $1.98From: 2014-01-11→ Common Stock ($1.00 par) (50,505 underlying)
Footnotes (3)
- [F1]Mr. Luber may convert the shares of Series C Preferred Stock at any time. This conversion right has no expiration date, except that such right will terminate upon the redemption by the issuer of the Series C Preferred Stock.
- [F2]Mr. Luber may convert the Series D Preferred Stock at any time after December 8, 2014. This conversion right has no expiration date, except that such right will terminate upon the redemption by the issuer of the Series D Preferred Stock.
- [F3]In connection with Mr. Luber's purchase of the Series D Preferred Stock, the issuer granted Mr. Luber the right to purchase 24,000 shares of common stock, par value $1.00 per share, for a purchase price of $0.01 per share. Mr. Luber may exercise this purchase right when he elects to convert his shares of Series D Preferred Stock into shares of common stock.
Documents
Issuer
AMERICAN LOCKER GROUP INC
CIK 0000008855
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000008855
Filing Metadata
- Form type
- 4
- Filed
- Oct 8, 8:00 PM ET
- Accepted
- Oct 9, 12:22 PM ET
- Size
- 9.6 KB