SEC Filing

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SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Jacobson Allen D.

(Last)

(First)

(Middle)

C/O LAWSON PRODUCTS, INC.

8770 WEST BRYN MAWR AVENUE, SUITE 900

(Street)

CHICAGO

60631

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/12/2015

3. Issuer Name and Ticker or Trading Symbol
LAWSON PRODUCTS INC/NEW/DE/ [ LAWS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Sales

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,346	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Options⁽¹⁾	12/31/2012	12/31/2020	Common Stock	1,434	14.04	D
Stock Performance Rights⁽²⁾	12/22/2012	12/22/2016	Common Stock	2,900	17.65	D
Stock Performance Rights⁽²⁾	12/31/2014	10/02/2017	Common Stock	5,000	10	D
Restricted Stock Award⁽³⁾	12/31/2014	10/02/2017	Common Stock	5,000	10	D
Stock Performance Rights⁽²⁾	12/31/2015	12/31/2020	Common Stock	4,398	12.18	D
Stock Performance Rights⁽²⁾	12/31/2016	12/31/2021	Common Stock	7,306	13.92	D
Stock Performance Rights⁽²⁾	12/31/2017	12/31/2022	Common Stock	2,704	25.16	D
Market Stock Units⁽⁴⁾	12/31/2015	12/31/2015	Common Stock	2,839	0.0	D
Market Stock Units⁽⁵⁾	12/31/2016	12/31/2016	Common Stock	5,390	0.0	D
Market Stock Units⁽⁶⁾	12/31/2017	12/31/2017	Common Stock	4,230	0.0	D

Explanation of Responses:

1. Represents the right to purchase one share of common stock in exchange for the exercise price of $14.04 at the date the reporting person exercises the right.

2. Represents the right to receive cash in an amount equal to the appreciation in the common stock above the exercise price at the date the reporting person exercises the right.

3. Represents the right to receive an amount of shares of common stock equal in value to the appreciation of the common stock from the $10.00 exercise price up to the date of exercise.

4. Represents the right to receive an amount of shares of common stock, up to the amount set forth in the table, based upon the appreciation of the common stock from the grant date to December 31, 2015.

5. Represents the right to receive an amount of shares of common stock, up to the amount set forth in the table, based upon the appreciation of the common stock from the grant date to December 31, 2016.

6. Represents the right to receive an amount of shares of common stock, up to the amount set forth in the table, based upon the appreciation of the common stock from the grant date to December 31, 2017.

Remarks:

	/s/ Neil E. Jenkins, Attorney-in-Fact	05/13/2015
	** Signature of Reporting Person	Date
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 5 (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 Number.