Sec Form 4 Filing - Smith Kirin @ CRAWFORD UNITED Corp - 2021-01-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Smith Kirin
2. Issuer Name and Ticker or Trading Symbol
CRAWFORD UNITED Corp [ CRAWA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O CRAWFORD UNITED CORPORATION, 10514 DUPONT AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
01/20/2021
(Street)
CLEVELAND, OH44108
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Class A Common Shares, without par value 01/20/2021 A( 1 ) 4,000 A $ 0 24,935 D
Class A Common Shares, without par value 51,114 I By Intrinsic Value Capital, L.P. ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Stock Option (Right to Buy) ( 3 ) ( 4 ) ( 4 ) Class A Common Shares 1,000 1,000 ( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Smith Kirin
C/O CRAWFORD UNITED CORPORATION
10514 DUPONT AVENUE
CLEVELAND, OH44108
X
Signatures
/s/ Kirin Smith, by Brian E. Powers, his attorney-in-fact pursuant to Power of Attorney dated January 3, 2017 on file with the Commission 04/05/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a grant of 4,000 Class A Common Shares issued pursuant to the Hickok Incorporated 2013 Omnibus Equity Plan.
( 2 )As a managing member of Glaubman & Rosenberg Partners, LLC and Glaubman & Rosenberg Advisors, LLC, the general partner and investment manager of Intrinsic Value Capital, L.P. ("IVC"), respectively, Kirin Smith may be deemed to beneficially own the Class A Common Shares beneficially owned by IVC. The reporting person disclaims beneficial ownership of the securities beneficially owned by the other members of the group except to the extent of his pecuniary interest therein.
( 3 )Ownership of these securities was reported on a previous Form 4 or Form 5.
( 4 )The reporting person still holds previously reported options to buy 1,000 Class A Common Shares granted pursuant to the Hickok Incorporated 2010 Outside Directors Stock Option Plan. These options were granted on March 8, 2012, at an exercise price of $2.925, became exercisable between 2013 and 2015 and expire on March 8, 2022.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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