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*
STARRETT DOUGLAS A

(Last) (First) (Middle)
121 CRESCENT STREET

(Street)
ATHOL MA 01331

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STARRETT L S CO [ SCX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President/CEO
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2020
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
The L.S. Starrett Class A Common Stock ("Common Stock") 09/02/2020 A 39,000(1) A $0 129,407 D
Common Stock 09/02/2020 A 25,000(2) A $0 154,407 D
Common Stock 50 I Spouse
Common Stock 42,064 I Trust
Common Stock 354,315 I By Trust(3)
Common Stock 88 I By Custodial
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
Explanation of Responses:
1. Represents restricted stock units granted to the Reporting Person under The L.S. Starrett 2012 Long-Term Incentive Plan. Each restricted stock unit represents the right to receive one share of Common Stock, par value $1.00 per share. Two-thirds of the restricted stock units vested immediately on the date of grant and the remaining one-third of the restricted stocks units will vest on the first anniversary of the date of grant, subject to the continued service of the Reporting Person.
2. Represents restricted stock units granted to the Reporting Person under The L.S. Starrett 2012 Long-Term Incentive Plan. Each restricted stock unit represents the right to receive one share of Common Stock, par value $1.00 per share. The restricted stock units shall vest in one-third increments on the first, second and third anniversary of the grant date, subject to the continued service of the Reporting Person.
3. 354,315 shares held in the The L S Starrett Co Employee Stock Ownership Plan & Trust of which Mr Starrett is Trustee.
/s/ Heidi Johnson, attorney-in-fact 12/04/2020
** 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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