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Filing Details

Accession Number:
0001181431-13-002694
Form Type:
5
Zero Holdings:
No
Publication Time:
2013-01-09 17:26:56
Reporting Period:
2011-11-30
Filing Date:
2013-01-09
Accepted Time:
2013-01-09 17:26:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1081078 Api Technologies Corp. ATNY Semiconductors & Related Devices (3674) 980200798
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
897715 Phillip Dezwirek 2300 Yonge Street, Suite 1710
Toronto A6 M4P 1E4
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-01-12 600 $5.79 743,755 No 4 P Indirect By Icarus Investment Corp.
Common Stock Acquisiton 2011-01-14 2,300 $6.05 746,055 No 4 P Indirect By Icarus Investment Corp.
Common Stock Acquisiton 2011-01-18 1,500 $6.07 747,555 No 4 P Indirect By Icarus Investment Corp.
Common Stock Disposition 2011-06-24 2,000 $7.45 1,146,555 No 4 S Indirect By Icarus Investment Corp.
Common Stock Disposition 2009-05-29 19,208 $2.82 33,291 No 4 S Direct
Common Stock Acquisiton 2010-11-19 1,250 $3.88 34,541 No 4 P Direct
Common Stock Acquisiton 2010-11-24 625 $4.04 35,166 No 4 P Direct
Common Stock Disposition 2011-03-01 2,000 $6.26 33,166 No 4 S Direct
Common Stock Disposition 2011-03-28 10,000 $7.80 189,833 No 4 S Direct
Common Stock Disposition 2011-03-31 2,500 $8.18 187,333 No 4 S Direct
Common Stock Disposition 2011-05-19 7,000 $6.97 180,333 No 4 S Direct
Common Stock Disposition 2011-05-20 2,000 $7.00 178,333 No 4 S Direct
Common Stock Disposition 2011-06-02 5,000 $7.50 173,333 No 4 S Direct
Common Stock Disposition 2011-06-20 6,666 $7.00 166,667 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Icarus Investment Corp.
No 4 P Indirect By Icarus Investment Corp.
No 4 P Indirect By Icarus Investment Corp.
No 4 S Indirect By Icarus Investment Corp.
No 4 S Direct
No 4 P Direct
No 4 P Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 16,667 Indirect By spouse
Common Stock 13,333 Indirect Retirement account of which spouse is beneficiary
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Exchangeable shares of API Nanotronics Sub., Inc. $0.00 2006-11-06 287,500 287,500 Direct
Common Stock Warrant (right to buy) $5.08 2009-12-18 2012-06-23 11,987 11,987 Indirect
Common Stock Warrant (right to buy) $5.60 2010-01-21 2015-01-20 111,608 111,608 Indirect
Common Stock Warrant (right to buy) $5.53 2006-11-06 2013-01-20 208,334 208,334 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
287,500 287,500 Direct
2012-06-23 11,987 11,987 Indirect
2015-01-20 111,608 111,608 Indirect
2013-01-20 208,334 208,334 Direct
Footnotes
  1. The prices and shares listed in columns 4 and 5 of Table I and columns 2, 7 and 9 of Table II of this Form 5 reflect a 1 for 15 reverse stock split effective September 19, 2008 and a 1 for 4 reverse stock split effective December 28, 2010.
  2. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.78 to $5.85, inclusive. The reporting person undertakes to provide to API Technologies Corp., any security holder of API Technologies Corp., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold or purchased, as applicable, at each separate price within the ranges set forth in footnotes 2 through 4 and footnotes 9 through 12 to this Form 5.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.15, inclusive.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.99 to $6.10, inclusive.
  5. In connection with this transaction, Icarus Investment Corp. has agreed to voluntarily remit appropriate profits to API Technologies Corp., pursuant to Section 16(b) of the Securities Exchange Act of 1934.
  6. Reflects the effect of non-reportable transactions that occurred after January 21, 2011.
  7. Filer is President of Icarus Investment Corp. and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, if any, therein.
  8. In connection with this transaction, filer has agreed to voluntarily remit appropriate profits to API Technologies Corp., pursuant to Section 16(b) of the Securities Exchange Act of 1934.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.72 to $2.96, inclusive.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.25 to $6.26, inclusive.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.15 to $8.20, inclusive.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.96 to $7.00, inclusive.
  13. Exchangeable shares are convertible into common stock of the Issuer on a 1-for-1 basis.
  14. The Issuer may require the exchange of the exchangeable shares into common stock of the Issuer commencing November 6, 2016 or sooner under specified circumstances. The exchangeable shares are exchangeable for common stock of the Issuer at any time at the option of the holder.