Statement of Changes in Beneficial Ownership (4)
April 20 2020 - 03:25PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
SHORE BRIAN E |
2. Issuer Name and Ticker or Trading Symbol
PARK AEROSPACE CORP
[
PKE
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Board Chairman and CEO |
(Last)
(First)
(Middle)
1400 OLD COUNTRY ROAD, SUITE 409 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
4/9/2020 |
(Street)
WESTBURY, NY 11590
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | | | | | | | | 581744 | D | |
Common Stock | | | | | | | | 56205 | I | Brian Shore Trust u/w/o Cecile Shore Art VII.A.3 (1) |
Common Stock | | | | | | | | 56205 | I | Peter Shore Trust u/w/o Cecile Shore Art VII.A.3 (2) |
Common Stock | | | | | | | | 56205 | I | Robin Shore Trust u/w/o Cecile Shore Art VII.A.3 (2) |
Common Stock | | | | | | | | 85427 | I | Brian Shore Trust u/w/o Jerry Shore Art.VII.A.3 (1) |
Common Stock | | | | | | | | 85427 | I | Peter Shore Trust u/w/o Jerry Shore Art VII.A.3 (2) |
Common Stock | | | | | | | | 85427 | I | Robin Shore Trust u/w/o Jerry Shore Art VII.A.3 (2) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 7. Title and Amount of Securities Underlying Derivative Security (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) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Right to buy Option (3) | $12.58 | 4/9/2020 | | A | | 30000 | | 4/9/2021 | 4/9/2030 | Common Stock | 30000 | $0 | 30000 | D | |
Right to buy option (3) | $9.94 | | | | | | | 10/5/2012 | 10/5/2021 | Common Stock | 35000 | | 35000 | D | |
Right to buy Option (3) | $12 | | | | | | | 10/24/2013 | 10/24/2022 | Common Stock | 35000 | | 35000 | D | |
Right to buy Option (3) | $17.63 | | | | | | | 2/26/2015 | 2/26/2024 | Common Stock | 35000 | | 35000 | D | |
Right to buy option (3) | $13.46 | | | | | | | 3/2/2016 | 3/2/2025 | Common Stock | 30000 | | 30000 | D | |
Right to buy Option (3) | $6.23 | | | | | | | 1/12/2017 | 1/12/2026 | Common Stock | 35000 | | 35000 | D | |
Right to buy option (3) | $15.44 | | | | | | | 5/7/2020 | 5/7/2029 | Common Stock | 25000 | | 25000 | D | |
Explanation of Responses: |
(1) | The reporting person is the beneficiary and, with his siblings, Peter Shore and Robin Shore, co-trustee of the trusts. |
(2) | The reporting person is co-trustee of the trusts with his siblings, Peter Shore and Robin Shore, who are beneficiaries of the trusts. The reporting person disclaims beneficial ownership of the shares held by the trusts except to the extent of his pecuniary interest therein. |
(3) | Option is exercisable, commencing on the date indicated, as to 25% of the aggregate number of shares listed and as to an additional 25% of such shares on each of the succeeding three anniversaries of such date. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
SHORE BRIAN E 1400 OLD COUNTRY ROAD SUITE 409 WESTBURY, NY 11590 | X |
| Board Chairman and CEO |
|
Signatures
|
/s/ Stephen E. Gilhuley, buy Power of Attorney | | 4/20/2020 |
**Signature of Reporting Person | Date |
Park Aerospace (NYSE:PKE)
Historical Stock Chart
From Feb 2024 to Mar 2024
Park Aerospace (NYSE:PKE)
Historical Stock Chart
From Mar 2023 to Mar 2024