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TECHPRECISION CORP — Director's Dealing 2015
Sep 14, 2015
34534_dirs_2015-09-14_f7c9100e-5ad1-4b49-87a8-4b894309e39e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TECHPRECISION CORP (TPCS)
CIK: 0001328792
Period of Report: 2015-08-12
Reporting Person: Fitzgerald Richard F (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-08-12 | Common Stock | F | 67500 | $.08 | Acquired | 67500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-08-12 | Restricted Stock Units | $ | F | 90000 | Acquired | Common Stock (90000) | Direct |
Footnotes
F1: Subject to the reporting persons continued service with the issuer or its subsidiaries, 1/3 of the Restricted Stock Units vest upon the timely completion of a new financing that provides adequate liquidity to the issuer for one year; 1/3 of the Restricted Stock Units vest upon the timely filing of the issuer's Annual Report on Form 10-K for the fiscal year ended March 31, 2014, with no material weaknesses; and 1/3 of the Restricted Stock Units vest on March 18, 2015. The issuer's board of directors approved the vesting of all of the Resricted Stock Units on August 12, 2015.