Filing Details
- Accession Number:
- 0001437749-14-021096
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-19 12:22:33
- Reporting Period:
- 2014-11-14
- Filing Date:
- 2014-11-19
- Accepted Time:
- 2014-11-19 12:22:33
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
8855 | American Locker Group Inc | ALGI | Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540) | 160338330 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1064426 | B Paul Luber | 2101 East Glendale Avenue Whitefish Bay WI 53211 | Yes | No | No | No |
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 ($1.00 Par) | Disposition | 2014-11-14 | 147,058 | $0.07 | 20,179 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock ($1.00 Par) | Series C Preferred | $1.98 | 2014-01-11 | 50,505 | 20,000 | Direct | |
Common Stock ($1.00 Par) | Series D Preferred | $1.00 | 2014-12-08 | 25,000 | 5,000 | Direct | |
Common Stock ($1.00 Par) | Call Option (Right to Purchase) | $0.01 | 24,000 | 24,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
50,505 | 20,000 | Direct | |
25,000 | 5,000 | Direct | |
24,000 | 24,000 | Direct |
Footnotes
- Mr. Luber may convert the shares of Series C Preferred Stock at any time. This conversion right has no expiration date, except that such right will terminate upon the redemption by the issuer of the Series C Preferred Stock.
- Mr. Luber may convert the Series D Preferred Stock at any time after December 8, 2014. This conversion right has no expiration date, except that such right will terminate upon the redemption by the issuer of the Series D Preferred Stock.
- In connection with Mr. Luber's purchase of the Series D Preferred Stock, the issuer granted Mr. Luber the right to purchase 24,000 shares of common stock, par value $1.00 per share, for a purchase price of $0.01 per share. Mr. Luber may exercise this purchase right when he elects to convert his shares of Series D Preferred Stock into shares of common stock.