Lott Charles E 4
4 · CAVCO INDUSTRIES INC. · Filed Aug 27, 2018
Insider Transaction Report
Form 4
Lott Charles E
See remarks
Transactions
- Exercise/Conversion
Common Stock
2018-08-27$79.26/sh+750$59,445→ 4,505 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2018-08-27$79.26/sh−750$59,445→ 0 totalExercise: $79.26Exp: 2021-07-22→ Common Stock (750 underlying) - Tax Payment
Common Stock
2018-08-27$242.80/sh−473$114,844→ 4,032 total - Sale
Common Stock
2018-08-27$244.60/sh−2,000$489,200→ 2,032 total
Footnotes (2)
- [F1]Represents a "net exercise" of outstanding stock options. Mr. Lott received 277 shares of common stock on a net exercise of option to purchase 750 shares of common stock. Mr. Lott forfeited 473 shares of common stock underlying the option in payment of the exercise price and required tax withholding, using the closing stock price on August 24, 2018 of $242.80.
- [F2]This option vested in equal amounts on July 22, 2015, July 22, 2016, July 22, 2017, and July 22, 2018.