-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M9LWJTbwV3TSXfHDb6Nt1uo/4kmu/gSod5v4Af8p+9uVThru5WzFc06ctOpPUzmM nKI/6uoQPB2P71EzgtZ6wQ== 0001024209-99-000002.txt : 19990215 0001024209-99-000002.hdr.sgml : 19990215 ACCESSION NUMBER: 0001024209-99-000002 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN PRECISION INDUSTRIES INC CENTRAL INDEX KEY: 0000005657 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED PLATE WORK (BOILER SHOPS) [3443] IRS NUMBER: 161284388 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-05601 FILM NUMBER: 99534985 BUSINESS ADDRESS: STREET 1: 2777 WALDEN AVE CITY: BUFFALO STATE: NY ZIP: 14225 BUSINESS PHONE: 7166849700 MAIL ADDRESS: STREET 1: 2777 WALDEN AVENUE CITY: BUFFALO STATE: NY ZIP: 14225 COMPANY DATA: COMPANY CONFORMED NAME: KENNEDY BERNARD J CENTRAL INDEX KEY: 0001024209 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: AMERICAN PRECISION INDUSTRIES INC STREET 2: 2777 WALDEN AVE CITY: BUFFALO STATE: NY ZIP: 14225 BUSINESS PHONE: 7166849700 MAIL ADDRESS: STREET 1: C/O AMERICAN PRECISION INDUSTRIES INC STREET 2: 2777 WALDEN AVE CITY: BUFFALO STATE: NY ZIP: 14225 5 1 FORM 5 - 12/31/98 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). ( ) Form 3 Holdings Reported ( ) Form 4 Transactions Reported 1. Name and Address of Reporting Person Kennedy, Bernard J 2777 Walden Avenue Buffalo, NY 14225 USA 2. Issuer Name and Ticker or Trading Symbol American Precision Industries Inc. APR 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 12/31/98 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below)
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | |Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership | |Date |Code| | Beneficially |(D)or | | | | | | A/| | Owned at |Indir | | | | | Amount | D | Price | End of Year |ect(I)| | ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity | | | Amount | |ble | | | |Year |(I)| | ___________________________________________________________________________________________________________________________________| Directors Stock Option |$6.3104 |1/2/9|A |421 |A |7/2/9|1/2/0|Common Stock|421 | |421 |D | | | |8 | | | |8 |8 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Directors Stock Option |$5.4169 |4/1/9|A |336 |A |10/1/|4/1/0|common stock|336 | |336 |D | | | |8 | | | |98 |8 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Directors Stock Option |$18.0625|4/24/|A |1,500 |A |* |4/24/|common stock|1,500 | |1,500 |D | | | |98 | | | | |08 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Directors Stock Option |$18.0625|4/24/|A |6,200 |A |4/24/|4/24/|common stock|6,200 | |6,200 |D | | | |98 | | | |98 |08 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Directors Stock Option |$4.4906 |7/1/9|A |477 |A |1/1/9|7/1/0|common stock|477 | |477 |D | | | |8 | | | |9 |8 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Directors Stock Option |$3.6113 |10/1/|A |718 |A |4/1/9|10/1/|common stock|718 | |718 |D | | | |98 | | | |9 |08 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: *Options granted to reporting person become exercisable in five annual installments of 20% each beginning on the first anniversary of the date of grant. SIGNATURE OF REPORTING PERSON /s/James J. Tanous, Attorney-in-Fact DATE 02/12/99 -----END PRIVACY-ENHANCED MESSAGE-----