0000921895-16-004785.txt : 20160601 0000921895-16-004785.hdr.sgml : 20160601 20160601180733 ACCESSION NUMBER: 0000921895-16-004785 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160531 FILED AS OF DATE: 20160601 DATE AS OF CHANGE: 20160601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SL INDUSTRIES INC CENTRAL INDEX KEY: 0000089270 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 210682685 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 520 FELLOWSHIP ROAD STREET 2: SUITE A114 CITY: MT LAUREL STATE: NJ ZIP: 08054 BUSINESS PHONE: 8567271500 MAIL ADDRESS: STREET 1: 520 FELLOWSHIP ROAD STREET 2: SUITE A114 CITY: MT LAUREL STATE: NJ ZIP: 08054 FORMER COMPANY: FORMER CONFORMED NAME: SGL INDUSTRIES INC DATE OF NAME CHANGE: 19841008 FORMER COMPANY: FORMER CONFORMED NAME: GL INDUSTRIES INC DATE OF NAME CHANGE: 19710111 FORMER COMPANY: FORMER CONFORMED NAME: GL ELECTRONICS CO INC DATE OF NAME CHANGE: 19670928 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KASSAN GLEN M CENTRAL INDEX KEY: 0001241789 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-04987 FILM NUMBER: 161690394 MAIL ADDRESS: STREET 1: C/O STEEL PARTNERS STREET 2: 590 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10022 4 1 form405380003d_06012016.xml OWNERSHIP DOCUMENT X0306 4 2016-05-31 1 0000089270 SL INDUSTRIES INC SLI 0001241789 KASSAN GLEN M C/O SL INDUSTRIES, INC. 520 FELLOWSHIP ROAD, SUITE A114 MT. LAUREL NJ 08054 1 0 0 1 See Explanation of Responses Common Stock 2016-05-31 4 U 0 17000 40 D 6000 D Common Stock 2016-06-01 4 D 0 6000 40 D 0 D Price reflects aggregate per share consideration paid pursuant to the tender offer contemplated under the Agreement and Plan of Merger dated April 6, 2016, by and among Handy & Harman Ltd., Handy & Harman Group Ltd., SLI Acquisition Co., and SL Industries, Inc. (the "Company"). The Reporting Person is also a member of a Section 13(d) group that owns more than 10% of the Company's outstanding common stock. Reflects 6,000 shares granted to the Reporting Person pursuant to Restricted Shares Agreements under the Company's 2008 Incentive Stock Plan, of which 3,000 vested in accordance with their terms on May 28, 2016 (the "Vested Shares"). Pursuant to the Merger Agreement, the unvested shares of restricted stock were vested and cancelled in exchange for a cash payment of $120,000, which is the product of (i) the aggregate number of shares of restricted stock (3,000 shares) and (ii) $40.00 per share, with such payment subject to any required withholding of taxes. The Vested Shares were cancelled in exchange for a payment of $120,000, which is the product of (i) the aggregate number of shares of restricted stock (3,000 shares) and (ii) $40.00 per share, with such payment subject to any required withholding of taxes. /s/ Glen M. Kassan 2016-06-01