0000899243-19-019492.txt : 20190711 0000899243-19-019492.hdr.sgml : 20190711 20190711195544 ACCESSION NUMBER: 0000899243-19-019492 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190510 FILED AS OF DATE: 20190711 DATE AS OF CHANGE: 20190711 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CRAWFORD MATTHEW V CENTRAL INDEX KEY: 0001132148 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-00147 FILM NUMBER: 19951842 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CRAWFORD UNITED Corp CENTRAL INDEX KEY: 0000047307 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 340288470 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10514 DUPONT AVE CITY: CLEVELAND STATE: OH ZIP: 44108 BUSINESS PHONE: 2165418060 MAIL ADDRESS: STREET 1: 10514 DUPONT AVE CITY: CLEVELAND STATE: OH ZIP: 44108 FORMER COMPANY: FORMER CONFORMED NAME: HICKOK INC DATE OF NAME CHANGE: 19950328 FORMER COMPANY: FORMER CONFORMED NAME: HICKOK ELECTRICAL INSTRUMENT CO DATE OF NAME CHANGE: 19920703 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-05-10 0 0000047307 CRAWFORD UNITED Corp CRAWA 0001132148 CRAWFORD MATTHEW V 10514 DUPONT AVE. CLEVELAND OH 44108 1 0 1 0 Class B Common Shares 2019-07-09 4 C 0 100000 6.48 A 518750 I By First Francis Company Inc. and Roundball LLC Convertible Loan Agreement 1.43 2019-05-10 4 A 0 107250.00 A 2019-12-31 Class B Common Shares 75000 107250.00 I By Roundball LLC Convertible Promissory Note 6.48 2019-05-10 4 A 0 648000.00 A 2022-07-01 Class B Common Shares 100000 648000.00 I By First Francis Company Inc. Convertible Promissory Note 6.48 2019-07-09 4 C 0 648000.00 0.00 D 2022-07-01 Class B Common Shares 100000 0 I By First Francis Company Inc. Includes 115,000 Class B Common Shares owned directly by Roundball LLC, an Ohio limited liability company. For purposes of the Securities Exchange Act of 1934, the reporting person disclaims beneficial ownership of these securities, except of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise. In 2011, the Crawford United Corporation issued a convertible note to Roundball LLC. In December 2018, the note was amended to provide Roundball LLC with the option to convert a portion of the outstanding indebtedness into Class B Common Shares at a price of $1.43 per share, up to a maximum amount of 75,000 Class B Common Shares, subject to shareholder approval, which approval was obtained on May 10, 2019. In 2016, Crawford United Corporation issued two separate promissory notes to First Francis Company Inc. ("First Francis"). In 2018, one of the notes was amended to provide First Francis with the option, exercisable on or after July 5, 2019, to convert up to $648,000 of principal amount into Class B Common Shares at a conversion price of $6.48 per share, subject to shareholder approval, which approval was obtained on May 10, 2019. On July 9, 2019, First Francis elected to convert $648,000 of the amount outstanding under its promissory note issued by Crawford United Corporation into 100,000 Class B Common Shares. /s/Frederick N. Widen, Attorney-in-fact 2019-07-11