Postle Robert 4
4 · AMERICAN SCIENCE & ENGINEERING, INC. · Filed May 13, 2011
Insider Transaction Report
Form 4
Postle Robert
Senior Vice President
Transactions
- Sale
Common Stock
2011-05-12$85.99/sh−2,000$171,980→ 6,047 total
Footnotes (2)
- [F1]On June 12, 2008, the reporting person was granted a restricted stock award for 3,286 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 all of the shares, resulting in vesting of the award as to 3,286 shares. On May 15, 2009, the reporting person was granted a restricted stock award for 4,969 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 as to two thirds of the shares, resulting in vesting of the award as to 3,313 shares.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from a low of $85.69 to a high of $86.25 for an average of $85.99. 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.