- Statement of Changes in Beneficial Ownership (4)
December 14 2009 - 5:17PM
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).
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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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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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
MORGAN GARY J
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2. Issuer Name
and
Ticker or Trading Symbol
MET PRO CORP
[
MPR
]
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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)
VP Finance, Secretary, Treasur
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(Last)
(First)
(Middle)
C/O MET-PRO CORPORATION, PO BOX 144
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3. Date of Earliest Transaction
(MM/DD/YYYY)
12/11/2009
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(Street)
HARLEYSVILLE, PA 19438
(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, Par Value $ .10
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30037
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D
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Common Stock, Par Value $ .10
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27883
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I
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Held in IRA/ESOT/401K
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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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Statutory Stock Purchase Option
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$5.5476
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2/25/2004
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2/25/2012
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Common Stock
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15408
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15408
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D
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Statutory Stock Purchase Option
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$5.5181
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(1)
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2/24/2013
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Common Stock
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17779
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33187
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D
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Statutory Stock Purchase Option
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$9.644
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(2)
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2/23/2014
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Common Stock
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15876
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49063
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D
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Non-Statutory Stock Purchase Option
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$9.644
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2/23/2004
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2/23/2014
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Common Stock
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1903
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50966
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D
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Statutory Stock Purchase Option
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$7.411
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(3)
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2/22/2015
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Common Stock
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17779
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68745
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D
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Statutory Stock Purchase Option
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$9.0375
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(4)
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12/15/2015
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Common Stock
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8548
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77293
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D
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Non-Statutory Stock Purchase Option
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$9.0375
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(5)
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12/15/2015
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Common Stock
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10119
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87412
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D
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Non-Statutory Stock Purchase Option
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$10.8975
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12/15/2007
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12/15/2016
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Common Stock
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6667
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94079
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D
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Statutory Stock Purchase Option
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$10.8975
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(6)
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12/15/2016
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Common Stock
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13333
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107412
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D
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Non-Statutory Stock Purchase Option
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$11.75
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(7)
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12/10/2017
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Common Stock
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11150
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118562
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D
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Statutory Stock Purchase Option
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$11.75
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(8)
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12/10/2017
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Common Stock
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8350
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126912
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D
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Non-Statutory Stock Purchase Option
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$11.345
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(9)
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12/3/2018
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Common Stock
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10920
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137832
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D
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Statutory Stock Purchase Option
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$11.345
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(10)
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12/3/2018
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Common Stock
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8580
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146412
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D
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Non-Statutory Stock Purchase Option
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$9.69
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12/11/2009
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A
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10000
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(11)
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12/11/2019
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Common Stock
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10000
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$0
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156412
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D
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Statutory Stock Purchase Option
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$9.69
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12/11/2009
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A
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9500
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(12)
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12/11/2019
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Common Stock
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9500
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$0
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165912
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D
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Explanation of Responses:
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(
1)
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Exercisable 02/24/2003 as to 5,926 shares, 02/24/2004 as to 5,926 and 02/24/2005 as to 5,927 shares.
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(
2)
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Exercisable 02/23/2004 as to 4,023 shares, 01/28/2005 as to 4,623 shares, 01/28/2005 as to 3,615 shares and 01/28/2005 as to 3,615 shares.
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(
3)
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Exercisable 02/22/2005 as to 5,926 shares, 02/22/2006 as to 5,926 shares and 02/22/2007 as to 5,927 shares.
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(
4)
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Exercisable 12/15/2006 as to 2,347 shares and 12/15/2007 as to 6,201 shares.
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(
5)
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Exercisable 12/15/2005 as to 6,223 shares, 12/15/2006 as to 3,876 shares and 12/15/2007 as to 20 shares.
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(
6)
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Exercisable 12/15/2007 as to 0 shares, 12/15/2008 as to 6,666 shares and 12/15/2009 as to 6,667 shares.
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(
7)
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Exercisable 12/10/2008 as to 2,325 shares, 12/10/2009 as to 2,325 shares and 12/10/2010 as to 6,500 shares.
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(
8)
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Exercisable 12/10/2008 as to 4,175 shares and 12/10/2009 as to 4,175 shares.
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(
9)
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Exercisable 12/03/2009 as to 6,500 shares, 12/03/2010 as to 4,420 shares and 12/03/2011 as to 0 shares.
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(
10)
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Exercisable 12/03/2009 as to 0 shares, 12/03/2010 as to 2,080 shares and 12/03/2011 as to 6,500 shares.
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(
11)
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Exercisable 12/11/2011 as to 6,500 shares, 12/11/2012 as to 3,500 shares and 12/11/2012 as to 0 shares.
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(
12)
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Exercisable 12/11/2011 as to 0 shares, 12/11/2012 as to 3,000 shares and 12/11/2012 as to 6,500 shares.
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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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MORGAN GARY J
C/O MET-PRO CORPORATION
PO BOX 144
HARLEYSVILLE, PA 19438
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X
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VP Finance, Secretary, Treasur
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Signatures
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Gary J. Morgan
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12/14/2009
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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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