ALPHA PRO TECH LTD — Director's Dealing 2013

Sep 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALPHA PRO TECH LTD (APT)
CIK: 0000884269
Period of Report: 2013-09-03

Reporting Person: HOFFMAN LLOYD (CFO and Sr VP Finance and Admi)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-03	common stock	M	50000	$1.23	Acquired	111000	Direct
2013-09-03	common stock	S	50000	$1.51	Disposed	61000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-03	employee stock option (right to buy)	$1.23	M	16666	Disposed	2013-09-10	common stock (16666)	Direct
2013-09-03	employee stock options(right to buy)	$1.23	M	16666	Disposed	2013-09-10	common stock (16666)	Direct
2013-09-03	employee stock options (right to buy)	$1.23	M	16668	Disposed	2013-09-10	common stock (16668)	Direct

Footnotes

F1: 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.