Richard D Pufpaf Form 4 LAWSON PRODUCTS INC/NEW / Richard D Pufpaf ownership change

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^*

Pufpaf Richard D

(Last) (First) (Middle)

8770 W BRYN MAWR AVE. SUITE 900

C/O LAWSON PRODUCTS, INC.

(Street)

CHICAGO IL 60631

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LAWSON PRODUCTS INC/NEW/DE/ [ LAWS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
04/16/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. 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

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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
Performance Awards	$0.0	04/16/2021		A		1,213(1)		12/31/2023	12/31/2023	Common Stock	1,213	$0	1,213	D
Restricted Stock Unit	$0.0	04/16/2021		A		607(2)		12/31/2023	12/31/2023	Common Stock	607	$0	607	D
Market Stock Units	$0.0	04/16/2021		A		2,210(3)		12/31/2023	12/31/2023	Common Stock	2,210	$0	2,210	D
Performance Awards	$0.0	04/16/2021		J			688	12/31/2023	12/31/2023	Common Stock	688	$0	525	D
Restricted Stock Unit	$0.0	04/16/2021		J			344	12/31/2023	12/31/2023	Common Stock	344	$0	263	D
Market Stock Units	$0.0	04/16/2021		J			1,299	12/31/2023	12/31/2023	Common Stock	1,299	$0	911	D

Explanation of Responses:

1. Represents the right to receive an amount of cash or shares of common stock u-p to the amount set forth in the table, based on the achievement of certain financial performance metrics.

2. Represents the right to receive shares of common stock at the exercise date in an amount equal to the number of restricted stock units.

3. Represents the right to receive an amount of shares of common stock up to the amount set forth in the table, based upon the appreciation of the common stock from the grant date to December 31, 2023

Remarks:

	Richard D. Pufpaf	04/20/2021
	** 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).
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