Ownership
Ownership of Common Stock by Directors and Executive Officers
The following table sets forth, as of April 18, 2023, the beneficial ownership of the Company’s common stock by each of the Company’s directors and nominees for director, each executive officer named in the Summary Compensation Table, and by all directors and nominees for director and executive officers as a group.
| Name of Beneficial Owner(1) | Number of Shares Beneficially Owned(2) | Percentage of Class(3) |
|---|---|---|
| Laura F. Shunk | 520,173 | 11.50% |
| Emily Lu | 143,519 | 3.20% |
| John P. Gilliam | 56,574 | 1.20% |
| Edward W. Ungar | 50,574 | 1.10% |
| Jeremiah Young (4) | 43,871 | 1.00% |
| Gerald S. Blaskie (5) | 42,457 | 0.90% |
| Charles Wickersham | 38,578 | 0.90% |
| All directors and executive officers as a group (7 persons) (6) | 895,742 | 19.70% |
(1) The address for all is c/o SCI Engineered Materials, Inc., 2839 Charter Street, Columbus, Ohio 43228.
(2) For purposes of the above table, a person is considered to “beneficially own” any shares with respect to which he or she exercises sole or shared voting or investment power or as to which he or she has the right to acquire the beneficial ownership within 60 days of April 18, 2023. Unless otherwise indicated, voting power and investment power are exercised solely by the person named above or shared with members of his or her household.
(3) “Percentage of Class” is calculated by dividing the number of shares beneficially owned by the total number of outstanding shares of the Company on April 18, 2023, plus the number of shares such person has the right to acquire within 60 days of April 18, 2023.
(4) Includes 4,120 common shares which may be acquired by Mr. Young under stock options exercisable within 60 days of April 18, 2023.
(5) Includes 4,982 common shares which may be acquired by Mr. Blaskie under stock options exercisable within 60 days of April 18, 2023.
(6) Includes 9,102 common shares which may be acquired under stock options exercisable within 60 days of April 18, 2023.
Ownership of Common Stock by Principal Shareholders
The following table sets forth information as of April 18, 2023, relating to the beneficial ownership of common stock by each person known by the Company to beneficially own more than 5% of the outstanding shares of common stock of the Company.
(1) For purposes of this table, a person is considered to “beneficially own” any shares with respect to which he or she exercises sole or shared voting or investment power or as to which he or she has the right to acquire the beneficial ownership within 60 days of April 18, 2023. Unless otherwise indicated, voting power and investment power are exercised solely by the person named above or shared with members of his or her household.
(2) “Percentage of Class” is calculated by dividing the number of shares beneficially owned by the total number of outstanding shares of the Company on April 18, 2023, plus the number of shares such person has the right to acquire within 60 days of April 18, 2023.
| Name of Beneficial Owner | Number of Shares Beneficially Owned(1) | Percentage of Class(2) |
|---|---|---|
| Laura F. Shunk | 520,173 | 11.50% |
| Daniel Funk | 384,727 | 8.50% |
| Robert H. Peitz | 357,337 | 7.90% |
| Charles Kohnen | 292,965 | 6.50% |
| Curtis A. Loveland | 279,456 | 6.20% |
(1) For purposes of this table, a person is considered to “beneficially own” any shares with respect to which he or she exercises sole or shared voting or investment power or as to which he or she has the right to acquire the beneficial ownership within 60 days of April 18, 2023. Unless otherwise indicated, voting power and investment power are exercised solely by the person named above or shared with members of his or her household.
(2) “Percentage of Class” is calculated by dividing the number of shares beneficially owned by the total number of outstanding shares of the Company on April 18, 2023, plus the number of shares such person has the right to acquire within 60 days of April 18, 2023.
