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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 7/13/23 |
| Not Subject to Section 16: 1 |
| Issuer: |
| Issuer CIK: 1328792 |
| Issuer Name: TECHPRECISION CORP |
| Issuer Trading Symbol: TPCS |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1656580 |
| | Owner Name: Sammons Thomas |
| Reporting Owner Address: |
| | Owner Street 1: C/O TECHPRECISION CORPORATION |
| | Owner Street 2: 1 BELLA DRIVE |
| | Owner City: WESTMINSTER |
| | Owner State: MA |
| | Owner ZIP Code: 01473 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Financial Officer |
| | Other Text: |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 7/13/23 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 125,000 |
| | | Transaction Price Per Share: |
| Value: 0.68 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 134,298 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 7/13/23 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 15,976 |
| | | Transaction Price Per Share: |
| Value: 7.45 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 118,322 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | | Footnote ID: F1 |
| | Conversion or Exercise Price: |
| | | Value: 0.68 |
| | Transaction Date: |
| | | Value: 7/13/23 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 125,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Value: 1/20/26 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 125,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: The options were granted pursuant to the Company's 2006 Long-Term Incentive Plan. |
| Footnote - F2: The options vested in three equal annual installments with the first installment vesting on the grant date of January 20, 2016 and the remaining installments vesting on each of the first and second anniversaries of the grant date. |
| Owner Signature: |
| Signature Name: /s/ Thomas Sammons |
| Signature Date: 7/17/23 |
