Statement of Changes in Beneficial Ownership (4)
June 30 2017 - 4:03PM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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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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1. Name and Address of Reporting Person
*
Young Jason Taney
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2. Issuer Name
and
Ticker or Trading Symbol
ARC Group Worldwide, Inc.
[
ARCW
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
CEO & President
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(Last)
(First)
(Middle)
C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD
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3. Date of Earliest Transaction
(MM/DD/YYYY)
6/30/2017
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(Street)
DELAND, FL 32724
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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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)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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427306
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Stock Option (Right to Buy)
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$1.51
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6/30/2017
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H
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94050
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(1)
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9/28/2017
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Common Stock
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94050
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$0
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121875
(3)
(4)
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D
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Stock Option (Right to Buy)
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$4.4
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6/30/2017
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H
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371925
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(2)
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12/31/2018
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Common Stock
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371925
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$0
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121875
(3)
(4)
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D
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Explanation of Responses:
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(1)
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Termination of unvested options, granted on January 15, 2016. An aggregate of 62,700 options from this grant vested in 20% increments on each of January 15, 2016 and January 15, 2017.
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(2)
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Termination of options granted on February 10, 2017, of which no options vested.
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(3)
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Upon the resignation of Mr. Young as an officer, director and employee of ARC Group Worldwide, Inc., effective at the close of business on June 30, 2017, the vested options will expire 90 days from such termination date, if not exercised for the purchase of common stock. At Mr. Young's election, he may extend the option exercise period to five years.
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(4)
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Includes (i) a vested incentive stock option for the purchase of 62,700 shares, granted on January 15, 2016; and, (ii) an incentive stock option exercisable for the purchase of 59,175 shares, granted and fully vested as of August 26, 2016.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Young Jason Taney
C/O ARC GROUP WORLDWIDE, INC.
810 FLIGHTLINE BLVD
DELAND, FL 32724
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X
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CEO & President
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Signatures
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/s/ Jason Taney Young
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6/30/2017
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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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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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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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.
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