|
FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
OMB APPROVAL
|
| Estimated average burden hours per response... | 0.5 |
|
|
(Print or Type Responses)
|
1. Name and Address of Reporting Person *
|
| GIDWITZ JAMES G |
|
2. Issuer Name and Ticker or Trading Symbol
CONTINENTAL MATERIALS CORP [CUO]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
__X__ Director
|
__X__ 10% Owner
|
|
__X__ Officer (give title below)
|
_____ Other (specify below)
|
|
Chairman of the Board
|
|
|
440 S. LASALLE STREET, SUITE 3100 |
3. Date of Earliest Transaction (Month/Day/Year)
12/13/2019 |
|
CHICAGO, IL 60605 |
4. If Amendment, Date Original Filed
(Month/Day/Year)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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
|
| Common Stock |
|
|
|
|
|
|
| 126,208 | I | See footnote (1) |
| Common stock |
|
|
|
|
|
|
| 33,140 | I | See footnote (6) |
| Common stock |
|
|
|
|
|
|
| 66,002 | D (5) |
|
| Common stock | 12/13/2019 |
| A |
| 2,833 (7) | A |
$7.5 (7) | 25,835 | D (3) |
|
| Common stock | 12/13/2019 |
| A |
| 2,833 (7) | A |
$7.5 (7) | 5,833 | D (4) |
|
| Common stock | 12/13/2019 |
| A |
| 2,833 (7) | A |
$7.5 (7) | 9,941 | D (2) |
|
| Common Stock |
|
|
|
|
|
|
| 727,126 | I | See footnote (1) |
|
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
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 Underlying Securities
(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 of Derivative Security: 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
|
Reporting Owners
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
GIDWITZ JAMES G
440 S. LASALLE STREET
SUITE 3100
CHICAGO, IL 60605 |
X
|
X
|
Chairman of the Board |
|
GIDWITZ RALPH W
440 S. LASALLE STREET
SUITE 3100
CHICAGO, IL 60605 |
X
|
X
|
|
|
Gidwitz Scott
440 SOUTH LASALLE STREET
SUITE 3100
CHICAGO, IL 60605 |
X
|
X
|
|
|
Gidwitz Steve
440 SOUTH LASALLE STREET
SUITE 3100
CHICAGO, IL 60605 |
X
|
X
|
|
|
Signatures
| James G. Gidwitz | |
12/17/2019 |
| **Signature of Reporting Person | Date |
| Ralph W. Gidwitz | |
12/17/2019 |
| **Signature of Reporting Person | Date |
| Scott Gidwitz | |
12/17/2019 |
| **Signature of Reporting Person | Date |
| Steven B. Gidwitz | |
12/17/2019 |
| **Signature of Reporting Person | Date |
Explanation of Responses:
| * | 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). |
| (1) | The Reporting Persons are partners of a general partnership that is the record owner of the shares of the Issuer's Common Stock reported herein. In that capacity, each of the Reporting Persons is deemed to be the beneficial owner of such Common Stock for Section 16 purposes. Each of the Reporting Persons disclaims beneficial ownership of such Common Stock except to the extent of his or her beneficial interest in such partnership. Reported shares purchased may represent more than one transaction. |
| (2) | Shares held of record by, and beneficially owned by, Reporting Person Steven B. Gidwitz. |
| (3) | Shares held of record by, and beneficially owned by, Reporting Person Ralph W. Gidwitz. |
| (4) | Shares held of record by, and beneficially owned by, Reporting Person Scott Gidwitz. |
| (5) | Shares held of record by, and beneficially owned by, Reporting Person James G. Gidwitz. |
| (6) | Shares owned by James G. Gidwitz through Issuer's 401(K) Plan. |
| (7) | Grant of 2,833 shares as compensation for service as a Director for the year 2020 under the 2010 Non-Employee Director Stock Plan pursuant to 16b-3(d). |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
|
