Cline Robert B 4
4 · AMERICAN SCIENCE & ENGINEERING, INC. · Filed May 23, 2011
Insider Transaction Report
Form 4
Cline Robert B
Senior Vice President
Transactions
- Sale
Common Stock
2011-05-19$90.00/sh−824$74,160→ 6,640 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-05-19−655→ 328 totalExercise: $61.40From: 2011-05-06Exp: 2019-05-15→ Common Stock (655 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2011-05-19−169→ 0 totalExercise: $51.56From: 2011-05-06Exp: 2018-06-12→ Common Stock (169 underlying) - Exercise/Conversion
Common Stock
2011-05-19$51.56/sh+169$8,714→ 7,464 total - Exercise/Conversion
Common Stock
2011-05-19$61.40/sh+655$40,217→ 7,295 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2011.
- [F2]On May 15, 2009, the reporting person was granted an option to purchase 983 shares of common stock. The option vests in increments based on AS&E's satisfaction of certain performance criteria. The performance criteria was met for two thirds of the goals, resulting in vesting of the option as to 655 shares.
- [F3]On June 12, 2008, the reporting person was granted an option to purchase 507 shares of common stock. The option vests in increments based on AS&E's satisfaction of certain performance criteria. The performance criteria was met for the goals, resulting in vesting of the option as to the remaining 169 shares.