e144

 




UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 144

NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933


OMB APPROVAL

OMB Number 3235-0101

Expires: December 31, 2009

Estimated average burden hours per response 2.00

SEC USE ONLY

DOCUMENT SEQUENCE NO.

 

CUSIP NUMBER

ATTENTION:

Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker.


 

(a) NAME OF ISSUER (Please type or print)

(b) IRS IDENT. NO.  

(c) S.E.C. FILE NO.

WORK LOCATION

Sparton Corporation

38-1054690

1-1000

 

(d)

ADDRESS OF ISSUER

STREET

CITY

STATE

ZIP CODE

           (e) TELEPHONE NO.

425 N. Martingale Road, Suite 2050

 

Schaumburg

IL

60173

AREA CODE

NUMBER

 

 

 

 

 

800

248-9579

(a)

NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD

 

 

(b)

RELATIONSHIP TO ISSUER

(c)

ADDRESS STREET

CITY   

STATE

ZIP CODE

Sparton Corporation Pension Plan



Employee Pension Plan

425 N. Martingale Road, Suite 2050

Schaumburg

   IL

60173

 

INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

3 (a) (b) SEC USE ONLY (c) (d) (e) (f) (g)

 

Title of the
Class of
Securities
To Be Sold


Name and Address of Each Broker Through Whom the Securities are to be Offered or Each Market Maker who is Acquiring the Securities

 

Number of Shares
or Other Units
To Be Sold


(See instr. 3(c))

Aggregate
Market
Value


(See instr. 3(d))

Number of Shares
or Other Units
Outstanding


(See instr. 3(e))

Approximate Date of Sale


(See instr. 3(f))
(MO. DAY YR.)

 

Name of Each Securities Exchange


(See instr. 3(g))

Broker-Dealer
File Number

Common Stock

Allegiant Asset Management Group
755 W. Big Beaver Road
Troy, MI 48084

 

                 26,000

           $117,000

              9,951,507

See Remarks Section under Table II

                  NYSE

 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

INSTRUCTIONS:


1.

(a)

Name of issuer

3.

(a)

Title of the class of securities to be sold

 

(b)

Issuer’s I.R.S. Identification Number

 

(b)

Name and address of each broker through whom the securities are intended to be sold

 

(c)

Issuer’s S.E.C. file number, if any

 

(c)

Number of shares or other units to be sold (if debt securities, give the aggregate face amount)

 

(d)

Issuer’s address, including zip code

 

(d)

Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice

 

(e)

Issuer’s telephone number, including area code

 

(e)

Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer

 

 

 

 

(f)

Approximate date on which the securities are to be sold

2.

(a)

Name of person for whose account the securities are to be sold

 

(g)

Name of each securities exchange, if any, on which the securities are intended to be sold

 

(b)

Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)

 

 

 

 

(c)

Such person’s address, including zip code

 

 

 


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 control number.
SEC 1147 (02-08)

 

 


 

 

TABLE I — SECURITIES TO BE SOLD

Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:

 

Title of the Class

Date You Acquired

Nature of Acquisition Transaction

Name of Person from Whom Acquired
(If gift, also give date donor acquired)

Amount of Securities Acquired

Date of Payment

Nature of Payment


Common Stock  


2/90 to 11/90


Open market purchases

Not applicable

319,100

Same

Cash

 

INSTRUCTIONS:

 

If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.


TABLE II — SECURITIES SOLD DURING THE PAST 3 MONTHS

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

                                             
     
                            Amount of        
  Name and Address of Seller     Title of Securities Sold     Date of Sale     Securities Sold     Gross Proceeds  
                             
 
Sparton Corporation Pension Plan
    Common Stock       07/08/09         2,000       $ 5,996.84    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       07/10/09         2,000       $ 5,895.52    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       07/17/09         2,000       $ 5,533.85    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       07/24/09         2,000       $ 5,757.85    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       07/31/09         2,000       $ 5,626.85    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       08/07/09         2,000       $ 5,946.84    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       08/14/09         2,000       $ 5,641.85    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       08/21/09         2,000       $ 5,329.86    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173

                                         
                             

 


 

                                             
     
                            Amount of        
  Name and Address of Seller     Title of Securities Sold     Date of Sale     Securities Sold     Gross Proceeds  
                             
 
Sparton Corporation Pension Plan
    Common Stock       08/28/09         2,000       $ 5,569.85    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       09/04/09         2,000       $ 6,100.12    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       09/11/09         2,000       $ 6,414.83    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       09/18/09         2,000       $ 8,443.41    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       09/25/09         2,000       $ 7,729.79    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173
                                         
 
 
                                         
 
Sparton Corporation Pension Plan
    Common Stock       09/29/09         2,000       $ 8,229.78    
 
425 N. Martingale Road, Suite 2050
Schaumburg, IL 60173

                                         
                             

REMARKS:

 

The sales of stock contemplated by the filing are to be made pursuant to a Rule 10b5-1 trading plan between Allegiant Asset Management Group and the Sparton Corporation Pension Plan adopted as of June 29, 2009 (the “Plan”). Under the Plan, Seller intends to sell the shares on a periodic basis during the 90-day period following the filing of this Form 144.

 

 

INSTRUCTIONS:

 

ATTENTION:

See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

 

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any materiel adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If each person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

 

October 2, 2009

 

/s/ Greg Slome

DATE OF NOTICE

 

(SIGNATURE)


June 29, 2009

 

Greg Slome, Chief Financial Officer, Sparton Corporation — Plan Administrator The notice shall be signed by the person for whose account the securities are to be sold.  At least one copy of the notice shall be manually signed.  Any copies not manually signed shall bear typed or printed signatures.

DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, IF RELYING ON RULE 10B5-1

 

 

 


ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)