Form 4 for AP AMPCO PITTSBURGH CORP
Accepted 2023-05-24 00:00:00 ET · period of report 2020-09-22 · accession 0001209191-23-031817 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-05-24 | 2022-07-22 | AP | PFORZHEIMER CARL H II | Dir | M - OptEx | $4.00 | +714 | 3,028 | +31% | +$2,856 |
| DI | 2023-05-24 | 2020-09-22 | AP | PFORZHEIMER CARL H II | Dir | X - OptEx | $3.50 | +714 | 2,314 | +45% | +$2,499 |
| DI | 2023-05-24 | 2022-07-22 | AP | PFORZHEIMER CARL H II | Dir | M - OptEx | — | -1,600 | 0 | -100% | — |
| DMI | 2023-05-24 | 2020-09-22 | AP | PFORZHEIMER CARL H II | Dir | X - OptEx | $0.00 | 0 | 1,600 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-07-22 | M | A | 714 | $4.00 | 3,028 | I See Footnote | — | — | (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. (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). (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. |
| 2 | Common | Common Stock | 2020-09-22 | X | A | 714 | $3.50 | 2,314 | I See Footnote | — | — | (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. (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. |
| 3 | Derivative | Series A Warrant (right to buy) | 2022-07-22 | M | D | 1,600 | — | 0 | I See Footnote | $2.57 · 2020-09-22 to 2025-08-01 | 714 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. (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. (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. (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. |
| 4 | Derivative | Subscription Rights (right to buy) | 2020-09-22 | X | D | 1,600 | $0.00 | 0 | I See Footnote | $1.56 · 2020-08-18 to 2020-09-18 | — Units consisting of Common Stock and Series A Warrants | (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. (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. |
| 5 | Derivative | Series A Warrant (right to buy) | 2020-09-22 | X | A | 1,600 | — | 1,600 | I See Footnote | $2.57 · 2020-09-22 to 2025-08-01 | 714 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. (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. |