ROBINSON DAVID C 4
4 · EASTERN CO · Filed Dec 2, 2009
Insider Transaction Report
Form 4
EASTERN COEML
ROBINSON DAVID C
Director
Transactions
- Tax Payment
Common Stock
2009-12-02$13.95/sh−13,669$190,683→ 82,529 total - Exercise/Conversion
Common Stock
2009-12-02$10.17/sh+18,750$190,688→ 101,279 total - Gift
Common Stock
2009-05-19+5,163→ 96,198 total - Exercise/Conversion
Non-qualified stock options
2009-12-02−18,750→ 0 totalExercise: $10.17From: 1999-12-15Exp: 2010-01-15→ Common Stock (18,750 underlying)
Holdings
- 0(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]In accordance with the Kenneth V. Robinson Trust, on May 19, 2009 the trust was distributed. Mr. David Robinson received 5,163 shares from the trust and is now the direct owner of the shares.
- [F2]13,669 shares of previously acquired Eastern Company stock were surrendered to Eastern Treasury at the closing price on September 29, 2008 of $13.29 per share, for the purchase of stock options.
- [F3]18,750 shares were exercised on December 2, 2009 at $10.17 per share. The original 12/15/1999 option 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 18,750 shares at $10.17 per share.
- [F4]The original 12/15/1999 option 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 18,750 shares at $10.17 per share. 18,750 shares were exercised on December 2, 2009, leaving a zero balance.