Thomas Sammons - 13 Jul 2023 Form 4 Insider Report for TECHPRECISION CORP (TPCS)

Role
Chief Financial Officer
Signature
/s/ Thomas Sammons
Issuer symbol
TPCS
Transactions as of
13 Jul 2023
Transactions value $
-$34,021
Form type
4
Filing time
17 Jul 2023, 16:05:43 UTC
Previous filing
24 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPCS Common Stock Options Exercise $85,000 +125,000 +1,344% $0.68* 134,298 13 Jul 2023 Direct
transaction TPCS Common Stock Tax liability -$119,021 -15,976 -12% $7.45 118,322 13 Jul 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPCS Stock Option (right to buy) Options Exercise $0 -125,000 -100% $0* 0 13 Jul 2023 Common Stock 125,000 $0.68 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Thomas Sammons is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The options were granted pursuant to the Company's 2006 Long-Term Incentive Plan.
F2 The options vested in three equal annual installments with the first installment vesting on the grant date of January 20, 2016 and the remaining installments vesting on each of the first and second anniversaries of the grant date.