SECURITY OWNERSHIP OF TECHPRECISION
Security Ownership of Certain Beneficial Owners and Management
There are no individuals or entities known by TechPrecision (through their Section 13 filings), excluding directors and Named Executive Officers, to own more than 5% of the outstanding Common Stock as of July 19, 2021.
The following table provides information as to shares of our Common Stock beneficially owned, as of July 19, 2021, by:
•
each of our current directors;
•
each Named Executive Officer; and
•
all current directors and executive officers as a group.
Except as otherwise indicated, each person has the sole power to vote and dispose of all shares of our Common Stock listed opposite his name. Each person is deemed to own beneficially shares of Common Stock that may be acquired upon exercise of stock options if they are vested and exercisable within 60 days of the measurement date, July 19, 2021. As of July 19, 2021, there were 29,498,662 shares of our Common Stock outstanding.
Except as otherwise indicated, the address of each person listed below is c/o TechPrecision Corp., 1 Bella Drive, Westminster, MA 01473.
Name
|
|
|
Shares of common stock
|
|
|
Percentage
|
|
Andrew A. Levy(1)
|
|
|
|
|
1,978,100
|
|
|
|
|
|
6.67%
|
|
|
Alexander Shen(2)
|
|
|
|
|
1,811,879
|
|
|
|
|
|
5.79%
|
|
|
Walter M. Schenker(3)
|
|
|
|
|
1,512,073
|
|
|
|
|
|
5.11%
|
|
|
Thomas Sammons(4)
|
|
|
|
|
527,189
|
|
|
|
|
|
1.76%
|
|
|
Richard S. McGowan(5)
|
|
|
|
|
405,064
|
|
|
|
|
|
1.37%
|
|
|
Robert Crisafulli(5)
|
|
|
|
|
175,000
|
|
|
|
|
|
*
|
|
|
All executive officers and directors as a group (six individuals)(6)
|
|
|
|
|
6,409,305
|
|
|
|
|
|
19.89%
|
|
|
*
Percentage of shares beneficially owned does not exceed one percent of the class.
(1)
Includes 150,000 shares of common stock that may be acquired pursuant to stock options that may be exercised within 60 days of July 19, 2021.
(2)
Includes 1,770,000 shares of common stock that may be acquired pursuant to stock options that may be exercised within 60 days of July 19, 2021.
(3)
According to a Schedule 13D filed by Maz Partners LP (“MAZ Partners”), MAZ Capital Advisers, LLC (“MAZ Capital”) and Mr. Schenker on February 13, 2018, MAZ Partners, MAZ Capital and Mr. Schenker share voting and dispositive power over 1,279,073 shares of the Company’s common stock, which are included in this amount. Mr. Schenker is the sole managing member of MAZ Capital, which is the sole general partner of MAZ Partners. This amount also includes (a) 100,000 shares of common stock that may be acquired pursuant to stock options that may be exercised within 60 days of July 19, 2021 and (b) 58,000 shares of common stock held in an IRA account of Mr. Schenker over which Mr. Schenker has sole voting and sole dispositive power.
(4)
Includes 500,000 shares of common stock that may be acquired pursuant to stock options that may be exercised within 60 days of July 19, 2021.
(5)
Includes 100,000 shares of common stock that may be acquired pursuant to stock options that may be exercised within 60 days of July 19, 2021.
(6)
Includes 2,720,000 shares of Common Stock issuable upon the exercise of stock options granted to executive officers and/or directors that may be exercised within 60 days of July 19, 2021.