Filing Details
- Accession Number:
- 0001241079-10-000015
- Form Type:
- 5/A
- Zero Holdings:
- No
- Publication Time:
- 2010-07-01 13:00:00
- Reporting Period:
- 2010-07-01
- Filing Date:
- 2010-07-01
- Accepted Time:
- 2010-07-01 13:54:56
- Original Submission Date:
- 2010-06-30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1001606 | Blount International Inc | BLT | Cutlery, Handtools & General Hardware (3420) | 630780521 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1241079 | S James Osterman | Blount International, Inc. 4909 Se International Way Portland OR 97222 | Former Chair. And Ceo-Retired | Yes | Yes | No | Yes |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 1999-08-19 | 1,176 | $0.00 | 1,176 | No | 5 | J | Direct | |
| Common Stock | Acquisiton | 1999-08-19 | 42,624 | $0.00 | 43,800 | No | 5 | J | Direct | |
| Common Stock | Acquisiton | 2004-09-17 | 100 | $11.85 | 43,900 | No | 5 | P | Direct | |
| Common Stock | Acquisiton | 2004-09-17 | 2,000 | $11.87 | 45,900 | No | 5 | P | Direct | |
| Common Stock | Acquisiton | 2004-09-17 | 7,900 | $11.90 | 53,800 | No | 5 | P | Direct | |
| Common Stock | Disposition | 2005-02-02 | 5,000 | $0.00 | 48,800 | No | 5 | G | Direct | |
| Common Stock | Disposition | 2010-03-18 | 41,500 | $10.57 | 7,300 | No | 5 | S | Direct | |
| Common Stock | Disposition | 2010-03-19 | 7,300 | $10.64 | 0 | No | 5 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | J | Direct | |
| No | 5 | J | Direct | |
| No | 5 | P | Direct | |
| No | 5 | P | Direct | |
| No | 5 | P | Direct | |
| No | 5 | G | Direct | |
| No | 5 | S | Direct | |
| No | 5 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | 1999 Stock Incentive Plan (Right to Buy) | Acquisiton | 1999-08-19 | 60,000 | $15.00 | 60,000 | $15.00 |
| Common Stock | 1999 Stock Incentive Plan (Right to Buy) | Acquisiton | 1999-08-19 | 60,000 | $15.00 | 60,000 | $15.00 |
| Common Stock | 2000 Stock Incentive Plan (Right to Buy) | Acquisiton | 2001-06-29 | 150,000 | $5.00 | 150,000 | $5.00 |
| Common Stock | 2000 Stock Incentive Plan (Right to Buy) | Acquisiton | 2002-03-15 | 150,000 | $2.85 | 150,000 | $2.85 |
| Common Stock | 2000 Stock Incentive Plan (Right to Buy) | Acquisiton | 2002-02-14 | 39,400 | $3.03 | 39,400 | $3.03 |
| Common Stock | 2000 Stock Incentive Plan (Right to Buy) | Acquisiton | 2004-02-02 | 50,000 | $5.05 | 50,000 | $5.05 |
| Common Stock | 1999 and 2000 Stock Incentive Plan (Right to Buy) | Acquisiton | 2004-12-21 | 50,000 | $16.62 | 50,000 | $16.62 |
| Common Stock | Restricted Stock Award | Acquisiton | 2006-08-24 | 35,256 | $0.00 | 35,256 | $0.00 |
| Common Stock | Restricted Stock Award | Acquisiton | 2007-03-01 | 46,000 | $0.00 | 46,000 | $0.00 |
| Common Stock | Restricted Stock Award | Acquisiton | 2008-03-01 | 53,000 | $0.00 | 53,000 | $0.00 |
| Common Stock | Restricted Stock Award | Disposition | 2009-03-13 | 11,699 | $0.00 | 11,699 | $0.00 |
| Common Stock | Restricted Stock Award | Disposition | 2009-08-24 | 4,168 | $0.00 | 4,168 | $0.00 |
| Common Stock | Restricted Stock Unit Award | Disposition | 2009-12-18 | 17,962 | $0.00 | 17,962 | $0.00 |
| Common Stock | Restricted Stock Unit Award | Disposition | 2010-03-11 | 127,921 | $0.00 | 127,921 | $0.00 |
| Common Stock | Restricted Stock Awards and Units | Disposition | 2010-03-19 | 79,121 | $10.64 | 79,121 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2009-08-18 | No | 5 | J | Direct | |
| 0 | 2009-08-18 | No | 5 | J | Direct | |
| 150,000 | 2011-06-29 | No | 5 | J | Direct | |
| 300,000 | 2012-03-15 | No | 5 | J | Direct | |
| 339,400 | 2012-02-19 | No | 5 | J | Direct | |
| 389,400 | 2014-02-02 | No | 5 | J | Direct | |
| 439,400 | 2014-12-21 | No | 5 | J | Direct | |
| 474,656 | No | 5 | J | Direct | ||
| 520,656 | No | 5 | J | Direct | ||
| 573,656 | No | 5 | J | Direct | ||
| 561,957 | No | 5 | F | Direct | ||
| 557,789 | No | 5 | F | Direct | ||
| 539,827 | 2009-12-18 | No | 5 | F | Direct | |
| 411,906 | 2010-03-11 | No | 5 | M | Direct | |
| 332,785 | No | 5 | S | Direct |
Footnotes
- Shares of Blount International, Inc. Class A common stock converted 2-for-1 shares of Blount International, Inc. common stock.
- In connection with merger of Red Dog Acquisition Corp. into Blount International, Inc. on August 19, 1999, all outstanding stock options were cancelled and the spread between exercise price and $30 was paid in cash and stock to employee.
- Gift to children and grandchildren who do not share reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his children and grandchildren, and this report should not be deemed an admission that the reporting person is the beneficial owner of his children or grandchildren's shares for purposes of Section 16 or for any other purpose. This transaction was gifted from reporting person's September 17, 2004 purchase of 7,900 shares at $11.90 share.
- All stock options granted under the 1999 and 2000 Stock Incentive Plans became fully vested on or before December 31, 2004. As to all except the 1999 Plan Performance Options, this occurred on December 20, 2004 at the time of a Change-In-Control (as defined in the 1999 and 2000 Stock Incentive Plans) upon the closing of a Secondary Offering by Lehman Brothers of 10,000,000 shares of Blount International common stock. The Performance Shares were vested as of December 31, 2004 by action taken by the Board of Directors of Blount International, Inc. THESE SHARES EXPIRED ON 8/18/09.
- Vested 33.33% on each succeeding anniversary date of grant for three successive years. First vesting date was December 21, 2005.
- The Restricted Stock Award was granted under the 2006 Equity Incentive Plan approved by shareholders on April 25, 2006.
- Vesting occurred with respect to 67% of the shares on August 24, 2008 and will occur for 33% of the shares on August 24, 2009; however, upon Mr. Osterman's retirement, any unvested shares become immediately vested.
- A Restricted Stock unit is an unsecured promise to transfer a share at a specified future date. The shares do not have an expiration date.
- The Restricted Stock unit shall vest in three equal annual installments, the first vests one year after date of grant and the second and third vest thereafter on the second and third anniversaries of the date of grant, respectfully. If Grantee's employment with the Company is terminated by his retirement, all outstanding unvested Restricted Stock units shall immediately vest.
- 17,962 shares for payment of tax liability by withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. 15,334 shares of the 2007 grant, and 35,334 shares of the 2008 grant vest immediately upon Mr. Osterman's retirement on December 18, 2009.
- Broker-Assisted Cashless Exercise (Exercise and Immediate Sale through Broker on 3/11/10).
- Exercise and Immediate Sale through Broker on 3/18/10 at $10.572.
- Open market sale through Broker.
- Broker assisted sale on 3/19/10 consisted of the sale of 79,121 RSU shares and 7,300 from open market and 1999 acquired shares sold at $10.64/share.
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