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AMPCO PITTSBURGH CORP — Director's Dealing 2017
Aug 10, 2017
34601_dirs_2017-08-10_718318e7-6672-4ab0-936c-8d2153dff651.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: AMPCO PITTSBURGH CORP (AP)
CIK: 0000006176
Period of Report: 2017-08-10
Reporting Person: Zatawski Keith (Chief Risk Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1606 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Options | $17.16 | 2023-05-02 | common stock (5500) | Direct | |
| Non-Qualified Stock Options | $20.00 | 2024-04-29 | common stock (5500) | Direct | |
| Restricted Stock Units | $ | common stock (742) | Direct | ||
| Restricted Stock Units | $ | common stock (1248) | Direct | ||
| Restricted Stock Units | $ | common stock (858) | Direct |
Footnotes
F1: Subject to acceleration in certain circumstances, the option becomes vested and exercisable under the following schedule assuming the optionee continues employment with the Issuer through the date of vesting: 33% on the first anniversary of the grant date, 66% on the second anniversary of the grant date and 100% on the third anniversary of the grant date.
F2: The reporting person received a grant of 2,226 restricted stock units, which vest in 3 annual installments, beginning on May 5, 2016. 1/3 of the restricted stock units vested on May 5, 2016. 1/3 of the restricted stock units vested on May 5, 2017. The remainder will continue to vest in one installment through the remainder of the term.
F3: Each restricted stock unit represents a contingent right to receive one share of Ampco-Pittsburgh Corporation common stock.
F4: The reporting person received a grant of 1,872 restricted stock units, which vest in 3 annual installments, beginning on May 5, 2017. 1/3 of the restricted stock units vested on May 5, 2017. The remainder will continue to vest in two installments through the remainder of the term.
F5: The restricted stock units vest in three equal annual installments beginning May 3, 2018.