0000916529-19-000035.txt : 20190312
0000916529-19-000035.hdr.sgml : 20190312
20190312162751
ACCESSION NUMBER: 0000916529-19-000035
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190308
FILED AS OF DATE: 20190312
DATE AS OF CHANGE: 20190312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Krutty Dean M
CENTRAL INDEX KEY: 0001694709
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23336
FILM NUMBER: 19675429
MAIL ADDRESS:
STREET 1: 8025 TRILLIUM LANE
CITY: CANTON
STATE: MI
ZIP: 48187
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AROTECH CORP
CENTRAL INDEX KEY: 0000916529
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
IRS NUMBER: 954302784
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1229 OAK VALLEY DRIVE
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
BUSINESS PHONE: 8002810356
MAIL ADDRESS:
STREET 1: 1229 OAK VALLEY DRIVE
CITY: ANN ARBOR
STATE: MI
ZIP: 48108
FORMER COMPANY:
FORMER CONFORMED NAME: ELECTRIC FUEL CORP
DATE OF NAME CHANGE: 19931223
4
1
wf-form4_155242245650054.xml
FORM 4
X0306
4
2019-03-08
0
0000916529
AROTECH CORP
ARTX
0001694709
Krutty Dean M
8025 TRILLIUM LANE
CANTON
MI
48187
0
1
0
0
President and CEO
Common Stock
2019-03-08
4
M
0
43333
0
A
167305
D
Restricted Stock Units
0.0
2019-03-08
4
M
0
43333
0
D
2018-01-01
2027-12-31
Common Stock
43333.0
0
D
Restricted Stock Units
0.0
2019-03-08
4
A
0
65000
0
A
2019-03-08
2028-12-31
Common Stock
65000.0
65000
D
Issuance of shares upon vesting of 65,000 out of 75,000 restricted stock units (43,333 net of taxes), with the remaining 10,000 unearned restricted stock units being cancelled.
Does not include 65,000 unvested restricted stock units, the vesting of 43,333 of which is subject to future performance criteria.
Each restricted stock unit represents a contingent right to receive one share of common stock.
Removal of restrictions and issuance of 43,333 shares of stock on 03/08/2019 due to vesting of 65,000 out of 75,000 restricted stock units (43,333 net of taxes), with the remaining 10,000 unearned restricted stock units being cancelled.
Award of restricted stock units, vesting 1/3 on continued employment (1/9 vesting at the end of each year over three years) and 2/3 on multi-year performance criteria.
/s/ Dean M. Krutty
2019-03-12