BUTLER NATIONAL CORP 4
4 · BUTLER NATIONAL CORP · Filed Jul 28, 2014
Insider Transaction Report
Form 4
Stewart Craig D
Vice President
Transactions
- Award
BUTLER NATIONAL CORPORATION COMMON STOCK
2014-04-30$0.13/sh+94,848$12,330→ 373,781 total(indirect: By 401(k))
Holdings
- 300,000
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (150,000 underlying) - 150,000
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (150,000 underlying) - 450,000
BUTLER NATIONAL CORPORATION COMMON STOCK
Exercise: $0.49Exp: 2015-12-31→ Common Stock (150,000 underlying) - 882,778
BUTLER NATIONAL CORPORATION COMMON STOCK
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 $1.40 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.