Home/Filings/4/0000015847-11-000004
4//SEC Filing

Hoffman Bradley Kyle 4

Accession 0000015847-11-000004

CIK 0000015847other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 4:06 PM ET

Size

10.6 KB

Accession

0000015847-11-000004

Insider Transaction Report

Form 4
Period: 2010-12-31
Transactions
  • Award

    Employee Stock Option (right to buy)

    2010-12-31+125,000125,000 total
    Exercise: $0.49Exp: 2015-12-31Common Stock (125,000 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.

Issuer

BUTLER NATIONAL CORP

CIK 0000015847

Entity typeother

Related Parties

1
  • filerCIK 0001498517

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:06 PM ET
Size
10.6 KB