4//SEC Filing
BUTLER NATIONAL CORP 4
Accession 0000015847-15-000017
$BUKSCIK 0000015847operating
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 5:21 PM ET
Size
10.6 KB
Accession
0000015847-15-000017
Insider Transaction Report
Form 4
STEWART CLARK D
DirectorPresident & CEO
Transactions
- Award
Butler National Corporation Common Stock
2015-04-30$0.16/sh+97,500$15,600→ 1,277,604 total(indirect: By 401(k))
Holdings
- 1,855,464
Butler National Corporation Common Stock
Exercise: $0.49Exp: 2015-12-31→ Common Stock (618,488 underlying) - 2,195,390
Butler National Corporation Common Stock
- 618,488
Butler National Corporation Common Stock
Exercise: $0.49Exp: 2015-12-31→ Common Stock (618,488 underlying) - 1,236,976
Butler National Corporation Common Stock
Exercise: $0.49Exp: 2015-12-31→ Common Stock (618,488 underlying) - 20,000(indirect: By Spouse)
Butler National Corporation Common Stock
Footnotes (3)
- [F1]1. 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]2. 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]3. 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.
Documents
Issuer
BUTLER NATIONAL CORP
CIK 0000015847
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000015847
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 5:21 PM ET
- Size
- 10.6 KB