ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

CRAWA Crawford United Corporation (PK)

40.00
0.8525 (2.18%)
Last Updated: 17:27:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Crawford United Corporation (PK) USOTC:CRAWA OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.8525 2.18% 40.00 39.05 41.00 40.00 40.00 40.00 150 17:27:22

Statement of Changes in Beneficial Ownership (4)

20/12/2019 6:16pm

Edgar (US Regulatory)


FORM 4 [ ] 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 *

CRAWFORD MATTHEW V
2. Issuer Name and Ticker or Trading Symbol

CRAWFORD UNITED Corp [ CRAWA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

10514 DUPONT AVE.
3. Date of Earliest Transaction (MM/DD/YYYY)

12/18/2019
(Street)

CLEVELAND, OH 44108
(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
Class B Common Shares 12/18/2019  C  75000 A$1.43 573750 I See Footnote (1)
Class A Common Shares 12/18/2019  C  251489 A$1.43 1583657 I See Footnote (2)
Class A Common Shares         9000 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Convertible Loan Agreement $1.43 12/18/2019  C     75000   (3)12/31/2019 Class B Common Shares 75000 $0.00 0 I See Footnote (4)
Convertible Loan Agreement $1.43 12/18/2019  C     251489   (3)12/31/2019 Class A Common Shares 251489 $0.00 0 I See Footnote (4)

Explanation of Responses:
(1) Includes 170,000 Class B Common Shares that are owned directly by Roundball LLC and 403,750 Class B Common Shares that are owned directly by First Francis Company Inc. This balance reflects a correction in the number of Class B Common Shares held by Roundball LLC from that reported in the Form 4 filed by the reporting person on December 13, 2019. For purposes of the Securities Exchange Act of 1934, the reporting person disclaims beneficial ownership of any securities, except to 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.
(2) Includes 672,407 Class A Common Shares that are owned directly by Roundball LLC and 911,250 Class A Common Shares that are owned directly by First Francis Company Inc. For purposes of the Securities Exchange Act of 1934, the reporting person disclaims beneficial ownership of any securities, except to 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.
(3) 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. On December 18, 2019, Roundball LLC, an Ohio limited liability company elected to convert all $466,879.88 of the amount outstanding under the convertible note into 75,000 Class B Common Shares and 251,489 Class A Common Shares.
(4) The securities reported are 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 any securities, except to 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
CRAWFORD MATTHEW V
10514 DUPONT AVE.
CLEVELAND, OH 44108
XX


Signatures
/s/ Matthew V. Crawford, by Kelly J. Marek, his attorney-in-fact, pursuant to Power of Attorney dated July 23, 2019, on file with the Commission12/20/2019
**Signature of Reporting PersonDate

1 Year Crawford United (PK) Chart

1 Year Crawford United (PK) Chart

1 Month Crawford United (PK) Chart

1 Month Crawford United (PK) Chart

Your Recent History

Delayed Upgrade Clock