SEC Form 4
| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol COLUMBUS MCKINNON CORP [ CMCO ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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| 3. Date of Earliest Transaction (Month/Day/Year) 06/07/2019 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 | 67,049.833 | D | ||||||||
| Common Stock | 2,200(1) | I | By American Endowment Foundation FBO McCormick | |||||||
| Common Stock | 06/07/2019 | S | 2,200 | D | $38.54(2) | 0 | I | By American Endowment Foundation FBO McCormick | ||
| Common Stock | 06/07/2019 | S | 7,500 | D | $38.75(3) | 59,549.833 | D | |||
| Common Stock | 06/10/2019 | M | 1,715 | A | $15.16 | 61,264.833 | D | |||
| Common Stock | 06/10/2019 | S | 1,715 | D | $39 | 59,549.833(4) | D | |||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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 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: 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 | ||||||||
| Non-Qualified Stock Options (Right to Buy) | $15.16 | 06/10/2019 | M | 1,715 | 05/23/2017 | 05/23/2026 | Common Stock | 1,715 | $0 | 18,927 | D | ||||
| Explanation of Responses: |
| 1. On May 30, 2019, the reporting person gifted 2,200 shares of Common Stock to the American Endowment Foundation FBO McCormick (the "Foundation"). The reporting person disclaims beneficial ownership interest of the reported securities held by the Foundation. |
| 2. The sale by the American Endowment Foundation FBO McCormick was executed in multiple trades at prices ranging from $38.48 to $38.61, inclusive. The price reported reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| 3. The sale was executed in multiple trades at prices ranging from $38.71 to $38.94, inclusive. The price reported reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| 4. Includes 12,385.8330 shares of restricted stock issued to reporting person subject to forfeiture in whole or part; 1,680.2040 shares become fully vested and non-forfeitable on 5/23/2020; 2,436.5222 shares become fully vested and non-forfeitable 50% per year for two years beginning 5/22/2020; 2,273.9923 shares become fully vested and non-forfeitable 33.33% per year for three years beginning 5/22/2020; 2,692.1145 shares become fully vested and non-forfeitable on 11/13/2019, and the remaining 3,303 shares become fully vested and non-forfeitable 25% per year for four years beginning 5/20/2020, if reporting person remains an employee of issuer. Also includes 5,872 shares which become fully vested and non-forfeitable on 5/22/2020, if reporting person remains an employee of issuer. |
| Remarks: |
| Peter M. McCormick | 06/11/2019 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| 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 Number. | ||