SEC Form 4
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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Young Jason Taney

(Last) (First) (Middle)
C/O ARC GROUP WORLDWIDE, INC.
810 FLIGHTLINE BLVD

(Street)
DELAND FL 32724

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ARC Group Worldwide, Inc. [ ARCW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Former Director & CEO
3. Date of Earliest Transaction (Month/Day/Year)
09/28/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. 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 09/28/2017 09/28/2017 M 62,700 A $1.51 490,006 D
Common Stock 09/28/2017 09/28/2017 S 40,289 D $2.35 449,717 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
Stock Option (right to buy) $1.51 09/28/2017 M 62,700 (1) 09/28/2017 Common Stock 62,700 $0.00 0 D
Stock Option (Right to buy) $2.5 09/28/2017 J 59,175 08/26/2016 09/28/2017 Common Stock 59,175 $0.00 0 D
Stock Option (Right to Buy) $2.5 09/28/2017 J 59,175 09/28/2017 06/30/2022 Common Stock 59,175 $0 59,175(2) D
Explanation of Responses:
1. Options granted on January 15, 2016. An aggregate of 62,700 options vested in 20% increments on each of January 15, 2016 and January 15, 2017.
2. Effective September 28, 2017, options exercisable for an aggregate of 59,175 shares of common stock, at an exercise price of $2.50 per share, expiring September 28, 2017 (the "Prior Options"), were exchanged for options exercisable for an aggregate of 59,175 shares of common stock, at an exercise price of $2.50 per share, expiring June 30, 2022 (the "Exchange Options"). The Exchange Options were issued in respect of all Prior Options that had fully vested on or prior to June 30, 2017. The Exchange Options were issued in accordance with the terms and conditions of that certain separation agreement entered into between the reporting person and the issuer, effective June 30, 2017.
Jason Taney Young 09/29/2017
** 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).
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