BUTLER NATIONAL CORP 4
4 · BUTLER NATIONAL CORP · Filed Jul 28, 2014
Insider Transaction Report
Form 4
STEWART CLARK D
DirectorPresident & CEO
Transactions
- Award
BUTLER NATIONAL CORPORATION COMMON STOCK
2014-04-30$0.13/sh+117,692$15,300→ 1,180,104 total(indirect: By 401(k))
Holdings
- 20,000(indirect: By Spouse)
BUTLER NATIONAL CORPORATION COMMON STOCK
- 2,195,390
BUTLER NATIONAL CORPORATION COMMON STOCK
- 1,236,976
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (618,488 underlying) - 1,855,464
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (618,488 underlying) - 618,488
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $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 commons 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 commons 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 commons stock at a market price at or above $1.90 on any date between December 31, 2010 and December 31, 2015.