Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ALPHA PRO TECH LTD Director's Dealing 2013

Sep 9, 2013

34573_dirs_2013-09-09_d23140f4-0a99-4c63-bae5-bf891a7c12df.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALPHA PRO TECH LTD (APT)
CIK: 0000884269
Period of Report: 2013-09-05

Reporting Person: MONTGOMERY CHARLES D (Sr. V.P. Engineered Products)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-09-05 common stock S 32884 $1.5185 Disposed 113036 Direct
2013-09-09 common stock S 17116 $1.4553 Disposed 95920 Direct
2013-09-09 common stock M 50000 $1.23 Acquired 145920 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-09-09 employee stock options (right to buy) $1.23 M 16666 Disposed 2013-09-10 common stock (16666) Direct
2013-09-09 employee stock options (right to buy) $1.23 M 16666 Disposed 2013-09-10 common stock (16666) Direct
2013-09-09 employee stock options ( right to buy) $1.23 M 16668 Disposed 2013-09-10 common stock (16668) Direct

Holdings (Non-Derivative)

Security Shares Ownership
common stock 8920 Indirect

Footnotes

F1: This total reflects a decrease of 25,350 shares of common stock that have previously been reported as beneficially owned by the reporting person in the reporting person's Section 16 filings in error. These shares will not be included in the reporting person's beneficial ownership reporting calculation on an going-forward basis

F2: This total also reflects the expiration and disposition of 50,000 stock options granted to the reporting person on August 23,2006 with an exercise price of $1.98, which expired on August 22, 2011 and 50,000 stock options granted to the reporting person on August 29,2007 with an exercise price of $1.50, which expired on August 29, 2012 (the"Expired Options"). The reporting person did not receive any value in connection with the expiration of the Expired Options; therefore, the resulting disposition of the Expired Options was exempt from Section 16(b) by virtue of Rule 16b-6(d) and further from the reporting requirements of Section 16(a) by virtue of Rule 16a-4(d), both rules promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended.