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ALPHA PRO TECH LTD — Director's Dealing 2013
Sep 4, 2013
34573_dirs_2013-09-04_f93e450e-7077-4490-b8c0-963d875fa2c3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALPHA PRO TECH LTD (APT)
CIK: 0000884269
Period of Report: 2013-08-30
Reporting Person: RITOTA JOHN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-30 | common stock | M | 15000 | $1.23 | Acquired | 50850 | Direct |
| 2013-08-30 | common stock | S | 15000 | $1.548 | Disposed | 35850 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-30 | options | $1.23 | M | 5000 | Disposed | 2013-09-10 | common stock (5000) | Direct |
| 2013-08-30 | options | $1.23 | M | 5000 | Disposed | 2013-09-10 | common stock (5000) | Direct |
| 2013-08-30 | options | $1.23 | M | 5000 | Disposed | 2013-09-10 | common stock (5000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common stock | 19400 | Indirect |
| common stock | 5000 | Indirect |
Footnotes
F1: this total reflects an additional 15,850 shares of common stock beneficially owned by the reporting person that have previously been inadvertently omitted from the reporting person's Section 16 filing. These shares will be included in the reporting person's beneficial ownership reporting calculation on a going forward basis.
F2: This total also reflects the expiration and disposition of 15,000 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.