4//SEC Filing
EASTERN CO 4
Accession 0000031107-08-000004
$EMLCIK 0000031107operating
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 6:40 PM ET
Size
16.6 KB
Accession
0000031107-08-000004
Insider Transaction Report
Form 4
EASTERN COEML
LEGANZA LEONARD F
DirectorChairman, President & CEO
Transactions
- Award
Qualified employee stock option
1999-12-15+0→ 87,171 totalExercise: $10.17From: 1999-12-15Exp: 1999-12-15→ Common Stock (19,671 underlying) - Award
Non-qualified employee stock option
1999-12-15+0→ 150,000 totalExercise: $10.17From: 1999-12-15Exp: 1999-12-15→ Common Stock (62,829 underlying) - Award
Qualified employee stock option
2000-07-19+0→ 198,750 totalExercise: $9.50Exp: 2000-07-19→ Common Stock (48,750 underlying) - Award
Qualified employee stock option
1998-09-09+0→ 10,712.25 totalExercise: $9.33From: 1998-09-09Exp: 1998-09-09→ Common Stock (10,712.25 underlying) - Sale
Common Stock
2008-01-02$18.26/sh−50$913→ 73,624 total - Award
Non-qualified employee stock option
1998-09-09+0→ 67,500 totalExercise: $9.33From: 1998-09-09Exp: 1998-09-09→ Common Stock (56,787.75 underlying)
Footnotes (6)
- [F1]January 2, 2008, 50 shares sold on the open market for $18.26 per share to provide for the taxes generated by the exercise of the non-qualified stock options.
- [F2]Original 9/9/1998 option was for 4,761 shares at $21.00 per share. As a result of a 3-for-2 stock split effective 5/28/1999 and a 3-for-2 stock split effective 10/18/2006, this option is now 10,712.25 shares at $9.33 per share.
- [F3]Original 9/9/1998 option was for 25,239 shares at $21.00 per share. As a result of a 3-for-2 stock split effective 5/28/1999 and a 3-for-2 stock split effective 10/18/2006, this option is now 56,787.75 shares at $9.33 per share.
- [F4]Original 12/15/1999 option was for 13,114 shares at $15.25 per share. As a result of a 3-for-2 stock split effective 10/18/2006, this option is now 19,671 shares at $10.17 per share.
- [F5]Original 12/15/1999 option was for 41,886 shares at $15.25 per share. As a result of a 3-for-2 stock split effective 10/18/2006, this option is now 62,829 shares at $10.17 per share.
- [F6]The original 7/19/2000 option was for 32,500 shares at $14.25 per share. 7,017 shares were vested on 1/1/2001; 7,017 shares were vested on 1/1/2002; 7,017 shares were vested on 1/1/2003; 7,017 shares were vested on 1/1/2004 and the remaining 4,432 shares vested on 1/1/2005. As a result of a 3-for2 stock split effective 10/18/2006, this option is now 48,750 shares at $9.50 per share.
Documents
Issuer
EASTERN CO
CIK 0000031107
Entity typeoperating
IncorporatedCT
Related Parties
1- filerCIK 0000031107
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 6:40 PM ET
- Size
- 16.6 KB