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FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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OMB APPROVAL
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Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person
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Shunk Laura F |
2. Issuer Name
and
Ticker or Trading Symbol
SCI Engineered Materials, Inc. [ SCCI.OB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __ X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) |
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8300 MULBERRY ROAD, P.O. BOX 490 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
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CHESTERLAND, OH 44026 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1.Title of Security
(Instr. 3) |
2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. 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, without par value | 6/5/2008 | M | 15000 | A | $1.0000 | 319467 | D |
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| Common Stock, without par value | 250 | I | By IRA | |||||||
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Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) |
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any |
4. Trans. 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 |
7. Title and Amount of Securities Underlying Derivative Security
(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 | ||||||||
| Stock Purchase Warrant - Right to Buy | $1.0000 | 6/5/2008 | M | 15000 | (1) | 6/30/2008 | Common Stock, without par value | 15000 | $0 | 4449 | D |
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| Explanation of Responses: | |
| ( 1) | A warrant to purchase up to 33,889 shares of common stock issued on June 30, 2003 in connection with a cash investment in the Company in exchange for a convertible promissory note. Of these warrants, 13,889 vested immediately and became exercisable, and the other 20,000 warrants vested and became exercisable during the time the convertible promissory note remained outstanding at the rate of 556 warrants per month for up to 32 months and at the rate of 552 warrants for an additional four months. The convertible promissory note was converted to equity on May 13, 2004, at which time an additional 5,560 warrants had vested based on the note being outstanding for 10 months, for a total of 19,449 vested warrants. |
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Reporting Owners
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| Reporting Owner Name / Address |
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| Director | 10% Owner | Officer | Other | ||
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Shunk Laura F
8300 MULBERRY ROAD, P.O. BOX 490 CHESTERLAND, OH 44026 |
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X |
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Signatures
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| By: Curtis A. Loveland Attorney-in-Fact | 6/9/2008 | |
| ** Signature of Reporting Person |
Date
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
| * | 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). |
| Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
| 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. | |