Filing Details
- Accession Number:
- 0001567619-19-017726
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-08-30 16:03:09
- Reporting Period:
- 2019-08-28
- Accepted Time:
- 2019-08-30 16:03:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 720500 | Amtech Systems Inc | ASYS | Special Industry Machinery, Nec (3559) | 860411215 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1343599 | M Robert Averick | C/O Kokino Llc 201 Tresser Boulevard, 3Rd Floor Stamford CT 06901 | Yes | No | Yes | 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 | Acquisiton | 2019-08-28 | 659 | $4.90 | 150,659 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2019-08-30 | 19,341 | $5.28 | 170,000 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 2,250,000 | Indirect | See footnote 2 below |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Director Stock Option (Right to Buy) | $0.00 | 24,000 | 24,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 24,000 | 24,000 | Direct |
Footnotes
- Pursuant to a Schedule 13D filed on January 25, 2016 (as amended on August 24, 2017, December 18, 2017, July 17, 2018 and November 27, 2018) (as further amended from time to time, the "Schedule 13D"), (i) Piton Capital Partners LLC ("Piton"), Cornice Fiduciary Management LLC (as trustee of the Trust (as defined in the Schedule 13D)) and M3C Holdings LLC (collectively, the "Kokino Family Clients"), (ii) Mr. Averick, and (iii) OIH LLC also report beneficial ownership of shares of the Issuer's $.01 par value common stock ("Common Stock").
- Indicates 2,250,000 shares of Common Stock beneficially owned by the Kokino Family Clients. Mr. Averick is a Portfolio Manager at Kokino LLC ("Kokino"). Mr. Averick manages the Kokino Family Clients' investment in the Issuer as Kokino's Portfolio Manager. Mr. Averick holds an indirect minority interest in certain shares of Common Stock through his minority ownership of Piton, which is one of the Kokino Family Clients (which ownership may be held directly and indirectly through Piton's managing member, Piton Capital Management LLC ("PCM")). Also, Mr. Averick's incentive compensation as an employee of Kokino, which is calculated in Kokino's discretion, may be based on the performance of the shares of Common Stock held by the Kokino Family Clients. Such compensation may be paid in cash and/or by way of increasing Mr. Averick's minority interest in Piton (either directly or indirectly through PCM). Kokino is the managing member of PCM.
- The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.19 to $5.3 per share, inclusive. Mr. Averick undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- This is the total of all derivative securities, including those with different terms and conditions, held by Mr. Averick as of the filing date of this Form 4.
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