Filing Details

Accession Number:
0001567619-21-002225
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-04 19:15:14
Reporting Period:
2021-02-02
Accepted Time:
2021-02-04 19:15:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
75340 P&F Industries Inc PFIN Metalworkg Machinery & Equipment (3540) 221657413
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1267432 Lawndale Capital Management Llc 59 Carmelita Avenue
Mill Valley CA 94941
No No Yes No
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 Disposition 2021-02-02 55,000 $6.00 347,029 No 4 S Indirect See Note 1
Common Stock Disposition 2021-02-03 1,200 $6.41 345,829 No 4 S Indirect See note 1
Common Stock Disposition 2021-02-04 10,240 $6.69 335,589 No 4 S Indirect See Note 1
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Note 1
No 4 S Indirect See note 1
No 4 S Indirect See Note 1
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 19,105 Direct
Footnotes
  1. Lawndale Capital Management LLC ("Lawndale") is the investment adviser and general partner of Diamond A Partners, L. P. ("DAP"). Andrew E. Shapiro is Lawndale's manager and controlling owner. These securities are held directly by DAP for the benefit of its investors. The securities may be deemed to be beneficially owned by Lawndale as the investment adviser and general partner of DAP and by Mr. Shapiro as the control person of Lawndale. Each of Lawndale and Mr. Shapiro disclaims beneficial ownership of such securities except to the extent of that person's pecuniary interest therein. This Form 4 is being filed on behalf of Lawndale and Mr. Shapiro, and Mr. Shapiro is executing it individually and as manager of Lawndale.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.40 to $6.44, inclusive. The reporting persons undertake to provide to P&F Industries Inc., any security holder of P&F Industries Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.54 to $6.74, inclusive.
  4. Mr. Shapiro holds these securities directly.