0001104659-22-073848.txt : 20220623
0001104659-22-073848.hdr.sgml : 20220623
20220623150057
ACCESSION NUMBER: 0001104659-22-073848
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220621
FILED AS OF DATE: 20220623
DATE AS OF CHANGE: 20220623
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MOLINO JOSEPH A JR
CENTRAL INDEX KEY: 0001192706
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05332
FILM NUMBER: 221035095
MAIL ADDRESS:
STREET 1: 300 SMITH STREET
CITY: FARMINGDALE
STATE: NY
ZIP: 11735
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: P&F INDUSTRIES INC
CENTRAL INDEX KEY: 0000075340
STANDARD INDUSTRIAL CLASSIFICATION: METALWORKING MACHINERY & EQUIPMENT [3540]
IRS NUMBER: 221657413
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 445 BROADHOLLOW ROAD
CITY: MELVILLE
STATE: NY
ZIP: 11747
BUSINESS PHONE: (631)694-9800
MAIL ADDRESS:
STREET 1: 445 BROADHOLLOW ROAD
CITY: MELVILLE
STATE: NY
ZIP: 11747
FORMER COMPANY:
FORMER CONFORMED NAME: PLASTICS & FIBERS INC
DATE OF NAME CHANGE: 19671225
4
1
tm2218941-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-06-21
0
0000075340
P&F INDUSTRIES INC
PFIN
0001192706
MOLINO JOSEPH A JR
C/O P&F INDUSTRIES INC
445 BROADHOLLOW ROAD, SUITE 100
MELVILLE
NY
11747
0
1
0
0
Vice President
Class A Common Stock
2022-06-21
4
M
0
41809
4.74
A
136617
D
Class A Common Stock
2022-06-21
4
F
0
34646
5.65
D
101971
D
Stock Option (right to buy)
4.74
2022-06-21
4
M
0
41809
0
D
2022-06-21
Class A Common Stock
41809
0
D
Represents the number of shares withheld by the Issuer to satisfy a portion of the exercise price and tax withholding and remittance obligations in connection with the net settlement of options and does not represent a sale by the reporting person.
Option was originally granted on June 22, 2012 as follows: 40,000 shares with an exercise price of $4.95 per share. Such option became fully vested and exercisable on June 22, 2015. As a result of a special cash dividend paid to stockholders of the Issuer in April 2016, in accordance with the terms of the Issuer's stock option plans and applicable Internal Revenue Code rules, the number of options held by all of Issuer's option holders and the exercise price of such options were equitably adjusted.
/s/ Joseph A. Molino, Jr.
2022-06-21