We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Manitex International Inc | NASDAQ:MNTX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.80 | 5.77 | 5.78 | 0 | 00:00:00 |
FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
|
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | ||||||||||||||||
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
Manitex International, Inc. [ MNTX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 01/02/2025 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 01/02/2025(1) | D | 300,000 | D | $0 | 344,500 | D | |||
Common Stock | 01/02/2025(1) | A | 300,000 | A | $0 | 644,500 | D | |||
Common Stock | 01/02/2025(2) | A | 100,000(3) | A | $0 | 744,500 | D | |||
Common Stock | 01/02/2025 | D | 744,500 | D | (4) | 0 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. On September 11, 2024, the Board of Directors of the issuer approved the conversion of a grant of 300,000 restricted stock units that will vest only upon the attainment of certain Issuer stock price improvement milestones into time-vesting restricted stock units, effective January 1, 2025 and contingent on the closing of the transactions contemplated by the Agreement and Plan of Merger dated as of September 12, 2024, by and among the issuer, Tadano Ltd. and Lift SPC Inc. (the "Merger Agreement"). The closing occurred on January 2, 2025. |
2. On September 11, 2024, the Board of Directors of the issuer approved a grant of restricted stock units to the reporting person, effective January 1, 2025 and contingent on the closing of the transactions contemplated by the Agreement and Plan of Merger dated as of September 12, 2024, by and among the issuer, Tadano Ltd. and Lift SPC Inc. (the "Merger Agreement"). The closing occurred on January 2, 2025. |
3. Consists of a grant of 100,000 shares, contingent on the closing of the Merger Agreement, of which one-third will vest on January 1, 2026, one-third will vest on January 1, 2027 and one-third will vest on January 1, 2028. |
4. Pursuant to the terms and conditions of the Merger Agreement, (1) 93,700 shares of common stock held by the reporting person were disposed of in exchange for cash consideration of $5.80 per share, less applicable withholding taxes; (2) 460,800 unvested restricted stock units held by the reporting person were vested in full and cancelled in exchange for cash consideration of $5.80 per share, less applicable withholding taxes; and (3) 190,000 restricted stock units that would vest only upon the attainment of certain Issuer stock price improvement milestones were cancelled for no consideration. |
/s/Todd M. Kaye, Attorney-in-Fact for Michael Coffey | 01/06/2025 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
1 Year Manitex Chart |
1 Month Manitex Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions