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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 | ||||||||
Stock Option (Right to Buy) | $ 10.93 | 08/02/2016 | A | 36,496 | (1) | 08/31/2020 | Common Stock | 36,496 | $ 0 | 36,496 | D | ||||
Stock Option (Right to Buy) | $ 12.35 | 08/02/2016 | A | 20,204 (3) | (2) | 08/31/2021 | Common Stock | 20,204 | $ 0 | 20,204 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Morris Ryan J. C/O SEVCON, INC. 155 NORTHBORO ROAD SOUTHBOROUGH, MA 01772 |
X | Executive Chairman |
/s/ Ryan Morris | 11/02/2016 | |
**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) | The option shall become exercisable in 12 substantially equal installments on the first day of each calendar month beginning September 2016. |
(2) | The option shall become exercisable in 12 substantially equal installments on the first day of each calendar month beginning September 2017. |
(3) | The reporting person previously reported grants of stock options to purchase an aggregate of 213,844 shares of common stock under the registrant's 1996 Equity Incentive Plan. The registrant has determined that 157,144 of those options were not validly granted because they exceeded the Plan's limit on the aggregate number of shares subject to awards that may be granted to an individual participant in any calendar year. The reporting person is filing this amendment to report the correct number of stock options granted. |