TUTTLE DONALD S III 4
4 · EASTERN CO · Filed Nov 17, 2009
Insider Transaction Report
Form 4
EASTERN COEML
TUTTLE DONALD S III
Director
Transactions
- Tax Payment
Common Stock
2009-11-16$15.35/sh−12,422$190,678→ 47,578 total - Exercise/Conversion
Non-qualified stock options
2009-11-16−18,750→ 0 totalExercise: $10.17From: 1999-12-15Exp: 2010-01-15→ Common Stock (18,750 underlying) - Exercise/Conversion
Common Stock
2009-11-16$10.17/sh+18,750$190,688→ 66,328 total
Holdings
- 28,825(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]12,422 shares of previously acquired Eastern Company stock were surrendered to Eastern Treasury at the closing price on November 13, 2009 of $15.35 per share, for the purchase of stock options.
- [F2]18,750 shares were exercised on November 16, 2009 at $10.17 per share. The original option on 12/15/1999 was for 12,500 shares at $15.25 per share. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now an option for 18,750 shares at $10.17 per share.
- [F3]The original option on 12/15/1999 was for 12,500 shares at $15.25 per share. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now an option for 18,750 shares at $10.17 per share.18,750 shares were exercised on November 16, 2009 at $10.17 per share, leaving a zero balance.