GRAY PATRICIA 4
4 · AMERICAN SCIENCE & ENGINEERING, INC. · Filed May 11, 2011
Insider Transaction Report
Form 4
GRAY PATRICIA
SVP & GC
Transactions
- Sale
common stock
2011-05-10$86.08/sh−1,026$88,318→ 6,930 total
Footnotes (3)
- [F1]On May 15, 2009, the reporting person was granted a restricted stock award for 4398 shares of common stock. The award vests based on satisfaction of certain performance criteria within a five year period from date of grant. The performance criteria was met for two thirds of the shares, resulting in vesting of the award as to 2932 shares.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2011.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from a low of $84.50 to a high of $87.39 for an average of $86.08. The reporting person undertakes to provide to American Science and Engineering, Inc., any security holder of American Science and Engineering, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.