1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Non-Qualified Stock Options
|
Â
(1)
|
05/02/2023 |
common stock
|
5,500
|
$
17.16
|
D
|
Â
|
Non-Qualified Stock Options
|
Â
(1)
|
04/29/2024 |
common stock
|
5,500
|
$
20
|
D
|
Â
|
Restricted Stock Units
|
Â
(2)
|
Â
(2)
|
common stock
|
742
|
$
(3)
|
D
|
Â
|
Restricted Stock Units
|
Â
(4)
|
Â
(4)
|
common stock
|
1,248
|
$
(3)
|
D
|
Â
|
Restricted Stock Units
|
Â
(5)
|
Â
(5)
|
common stock
|
858
|
$
(3)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Subject to acceleration in certain circumstances, the option becomes vested and exercisable under the following schedule assuming the optionee continues employment with the Issuer through the date of vesting: 33% on the first anniversary of the grant date, 66% on the second anniversary of the grant date and 100% on the third anniversary of the grant date. |
(2) |
The reporting person received a grant of 2,226 restricted stock units, which vest in 3 annual installments, beginning on May 5, 2016. 1/3 of the restricted stock units vested on May 5, 2016. 1/3 of the restricted stock units vested on May 5, 2017. The remainder will continue to vest in one installment through the remainder of the term. |
(3) |
Each restricted stock unit represents a contingent right to receive one share of Ampco-Pittsburgh Corporation common stock. |
(4) |
The reporting person received a grant of 1,872 restricted stock units, which vest in 3 annual installments, beginning on May 5, 2017. 1/3 of the restricted stock units vested on May 5, 2017. The remainder will continue to vest in two installments through the remainder of the term. |
(5) |
The restricted stock units vest in three equal annual installments beginning May 3, 2018. |