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OMG

33.94
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NYSE:OMG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.94 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

30/10/2015 5:20pm

Edgar (US Regulatory)


FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SCAMINACE JOSEPH
2. Issuer Name and Ticker or Trading Symbol

OM GROUP INC [ OMG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

FLATS EAST BANK BUILDING,, 950 MAIN AVENUE, SUITE 1300
3. Date of Earliest Transaction (MM/DD/YYYY)

10/28/2015
(Street)

CLEVELAND, OH 44113
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   10/28/2015     D    62500   D $34.00   (1) 208996   (2) D    
Common Stock   10/28/2015     D    52900   D $34.00   (1) 156096   (2) D    
Common Stock   10/28/2015     D    30400   D $34.00   (3) 125696   (2) D    
Common Stock   10/28/2015     D    82   D $34.00   (4) 125614   D    
Common Stock   10/28/2015     D    125614   D $34.00   (5) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Employee Stock Options (right to buy)   $51.155   10/28/2015     D         45250      (6) 2/7/2017   Common Stock   45250   $0.00   (10) 0   D    
Employee Stock Options (right to buy)   $58.565   10/28/2015     D         33550      (6) 3/10/2018   Common Stock   33550   $0.00   (10) 0   D    
Employee Stock Options (right to buy)   $20.12   10/28/2015     D         7703      (6) 2/3/2019   Common Stock   7703   $13.88   (10) 0   D    
Employee Stock Options (right to buy)   $20.12   10/28/2015     D         46500      (6) 2/3/2019   Common Stock   46500   $13.88   (10) 0   D    
Employee Stock Options (right to buy)   $30.66   10/28/2015     D         56500      (6) 2/9/2020   Common Stock   56500   $3.34   (10) 0   D    
Employee Stock Options (right to buy)   $36.51   10/28/2015     D         5289      (6) 2/8/2021   Common Stock   5289   $0.00   (10) 0   D    
Employee Stock Options (right to buy)   $36.51   10/28/2015     D         50000      (6) 2/8/2021   Common Stock   50000   $0.00   (10) 0   D    
Employee Stock Options (right to buy)   $30.21   10/28/2015     D         4419      (6) 2/14/2022   Common Stock   4419   $3.79   (10) 0   D    
Employee Stock Options (right to buy)   $30.21   10/28/2015     D         55000      (6) 2/14/2022   Common Stock   55000   $3.79   (10) 0   D    
Employee Stock Options (right to buy)   $27.32   10/28/2015     D         72800      (7) 2/12/2023   Common Stock   72800   $6.68   (10) 0   D    
Employee Stock Options (right to buy)   $32.24   10/28/2015     D         65200      (8) 2/11/2024   Common Stock   65200   $1.76   (10) 0   D    
Employee Stock Options (right to buy)   $29.04   10/28/2015     D         95500      (9) 2/10/2025   Common Stock   95500   $4.96   (10) 0   D    

Explanation of Responses:
( 1)  Half of these performance units were disposed of pursuant to a merger agreement, dated May 31, 2015, by and among Duke Acquisition Holdings, LLC, Duke Acquisition, Inc., MacDermid Americas Acquisitions, Inc., and the Issuer (the "Merger Agreement") in exchange for the right to receive $34.00 in cash per performance unit, representing payout for the applicable performance share award at target performance level, plus any earned cash dividend equivalents, with the remaining performance units forfeited back to the Issuer for no consideration.
( 2)  Includes 82 dividend equivalents acquired on outstanding performance units awards through an exempt dividend equivalent feature.
( 3)  Performance units disposed of pursuant to the Merger Agreement in exchange for the right to receive $34.00 in cash per performance unit, representing payout for the applicable performance share award at target performance level.
( 4)  Dividend equivalents on outstanding performance units awards disposed of pursuant to the Merger Agreement in exchange for the right to receive $34.00 in cash per dividend equivalent.
( 5)  Disposed of pursuant to the Merger Agreement in exchange for the right to receive $34.00 in cash per share.
( 6)  These options were fully vested.
( 7)  These options vested or were to vest in three equal installments on February 12, 2014, 2015, and 2016.
( 8)  These options vested or were to vest in three equal installments on February 11, 2015, 2016, and 2017.
( 9)  These options were to vest in three equal installments on February 10, 2016, 2017 and 2018.
( 10)  Disposed of pursuant to the Merger Agreement in exchange for a cash payment approximately equal to the difference (if positive) between $34.00 and the exercise price of the stock option multiplied by the number of outstanding shares (both vested and unvested) subject to the stock option.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SCAMINACE JOSEPH
FLATS EAST BANK BUILDING,
950 MAIN AVENUE, SUITE 1300
CLEVELAND, OH 44113
X
Chairman and CEO

Signatures
/s/ Valerie Gentile Sachs, as Attorney-In-Fact 10/30/2015
** 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 control number.

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