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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
employee stock options (right to buy) | $ 1.23 | 09/09/2013 | M | 16,666 | 09/10/2009 | 09/10/2013 | common stock | 16,666 | $ 0 | 183,334 (2) | D | ||||
employee stock options (right to buy) | $ 1.23 | 09/09/2013 | M | 16,666 | 09/10/2010 | 09/10/2013 | common stock | 16,666 | $ 0 | 166,668 | D | ||||
employee stock options ( right to buy) | $ 1.23 | 09/09/2013 | M | 16,668 | 09/10/2011 | 09/10/2013 | common stock | 16,668 | $ 0 | 150,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MONTGOMERY CHARLES D 60 CENTURIAN DRIVE SUITE 112 MARKHAM, A6 L3R 9R2 |
Sr. V.P. Engineered Products |
Charles D. Montgomery | 09/09/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This total reflects a decrease of 25,350 shares of common stock that have previously been reported as beneficially owned by the reporting person in the reporting person's Section 16 filings in error. These shares will not be included in the reporting person's beneficial ownership reporting calculation on an going-forward basis |
(2) | This total also reflects the expiration and disposition of 50,000 stock options granted to the reporting person on August 23,2006 with an exercise price of $1.98, which expired on August 22, 2011 and 50,000 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. |