4//SEC Filing
BUTLER NATIONAL CORP 4
Accession 0000015847-11-000001
$BUKSCIK 0000015847operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 3:46 PM ET
Size
10.8 KB
Accession
0000015847-11-000001
Insider Transaction Report
Form 4
STEWART CLARK D
DirectorPresident & CEO
Transactions
- Award
Employee Stock Option (right to buy)
2010-12-31+618,488→ 618,488 totalExercise: $0.49Exp: 2015-12-31→ Common Stock (618,488 underlying)
Footnotes (3)
- [F1]The option vests upon satisfaction, either simultaneously or separately, of both (a) the date being December 31, 2011 or later and (b) the close of the Company's common stock at a market price at or above $0.92 on any date between December 31, 2010 and December 31, 2015.
- [F2]The option vests upon satisfaction, either simultaneously or separately, of both (a) the date being December 31, 2012 or later and (b) the close of the Company's common stock at a market price at or above $1.41 on any date between December 31, 2010 and December 31, 2015.
- [F3]The option vests upon satisfaction, either simultaneously or separately, of both (a) the date being December 31, 2013 or later and (b) the close of the Company's common stock at a market price at or above $1.90 on any date between December 31, 2010 and December 31, 2015.
Documents
Issuer
BUTLER NATIONAL CORP
CIK 0000015847
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000015847
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 3:46 PM ET
- Size
- 10.8 KB