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AMPCO PITTSBURGH CORP — Director's Dealing 2017
May 10, 2017
34601_dirs_2017-05-10_93396009-e56d-43e4-9bf3-500923817ba3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMPCO PITTSBURGH CORP (AP)
CIK: 0000006176
Period of Report: 2017-05-03
Reporting Person: HOOVER ROSE (President & Chief Admin. Off.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-03 | Common Stock | A | 5893 | $0.00 | Acquired | 12321 | Direct |
| 2017-05-05 | Common Stock | M | 1013 | $0.00 | Acquired | 13334 | Direct |
| 2017-05-05 | Common Stock | F | 310 | $14.75 | Disposed | 13024 | Direct |
| 2017-05-05 | Common Stock | F | 450 | $14.75 | Disposed | 12574 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-05 | Restricted Stock Units | $ | M | 1013 | Disposed | Common Stock (1013) | Direct |
Footnotes
F1: Represents a grant of restricted stock units under the Ampco-Pittsburgh Corporation ("Company") 2016 Omnibus Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Ampco-Pittsburgh Corporation common stock. Restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
F2: Represents the portion of restricted stock units granted on May 5, 2015, vested on May 5, 2017 and previously reported on Table II of Form 4 filed May 7, 2015.
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 3,040 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 and is reported on Table I of this Form 4. The remainder will continue to vest in one installment through the remainder of the term.