BUTLER NATIONAL CORP 4
4 · BUTLER NATIONAL CORP · Filed Jun 21, 2013
Insider Transaction Report
Form 4
Transactions
- Award
BUTLER NATIONAL CORPORATION COMMON STOCK
2013-06-21$0.19/sh+61,748$11,732→ 272,769 total(indirect: By 401(k))
Holdings
- 260,000
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (130,000 underlying) - 390,000
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (130,000 underlying) - 131,092
BUTLER NATIONAL CORPORATION COMMON STOCK
- 130,000
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (130,000 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.