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SIFCO INDUSTRIES INC — Director's Dealing 2017
Jun 1, 2017
34655_dirs_2017-06-01_351dc887-1777-4860-9e5d-ceb988972797.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SIFCO INDUSTRIES INC (SIF)
CIK: 0000090168
Period of Report: 2017-05-31
Reporting Person: Incanno Salvatore (VP of Finance & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-31 | SIFCO Industries, Inc. Common Stock | M | 3572 | $0.00 | Acquired | 5949 | Direct |
| 2017-05-31 | SIFCO Industries, Inc. Common Stock | F | 1213 | $7.58 | Disposed | 4736 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-31 | Bonus Unit | $ | M | 3572 | Disposed | SIFCO Industries, Inc. Common Stock (3572) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| SIFCO Industries, Inc. Common Stock | 6230 | Direct |
Footnotes
F1: Vesting of bonus units into shares of common stock.
F2: The remaining 50% of the bonus units awarded vested on May 31, 2017 (3,572 shares vested and of this amount, 1,213 shares were tendered back to the Company to pay required withholding taxes).
F3: On January 9, 2017, 6,230 restricted shares of SIFCO Industries, Inc. common stock were awarded. Restriction to lapse on the day immediately preceding the three year anniversary date of such award.
F4: Each bonus unit represented an unvested share of SIFCO Industries, Inc. common stock.
F5: The bonus units vested in approximately equal installments on November 30, 2016 and May 31, 2017.