Sec Form 4 Filing - Incanno Salvatore @ SIFCO INDUSTRIES INC - 2017-05-31

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
Incanno Salvatore
2. Issuer Name and Ticker or Trading Symbol
SIFCO INDUSTRIES INC [ SIF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP of Finance & CFO
(Last) (First) (Middle)
970 E. 64TH STREET
3. Date of Earliest Transaction (MM/DD/YY)
05/31/2017
(Street)
CLEVELAND, OH44103
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
SIFCO Industries, Inc. Common Stock 05/31/2017 M( 1 ) 3,572 A $ 0 5,949 D
SIFCO Industries, Inc. Common Stock 05/31/2017 F( 2 ) 1,213 D $ 7.58 4,736 D
SIFCO Industries, Inc. Common Stock 6,230 ( 3 ) D
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
Bonus Unit ( 4 ) ( 2 ) 05/31/2017 M( 1 ) 3,572 ( 5 ) ( 5 ) SIFCO Industries, Inc. Common Stock 3,572 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Incanno Salvatore
970 E. 64TH STREET
CLEVELAND, OH44103
VP of Finance & CFO
Signatures
/s/ Elizabeth Button - by power of attorney 06/01/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Vesting of bonus units into shares of common stock.
( 2 )The remaining 50% of the bonus units awarded vested on May 31, 2017 (3,572 shares vested and of this amount, 1,213 shares were tendered back to the Company to pay required withholding taxes).
( 3 )On January 9, 2017, 6,230 restricted shares of SIFCO Industries, Inc. common stock were awarded. Restriction to lapse on the day immediately preceding the three year anniversary date of such award.
( 4 )Each bonus unit represented an unvested share of SIFCO Industries, Inc. common stock.
( 5 )The bonus units vested in approximately equal installments on November 30, 2016 and May 31, 2017.

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* 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).

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