BAIRNCO CORP /DE/ 4
4 · BAIRNCO CORP /DE/ · Filed Apr 23, 2004
Insider Transaction Report
Form 4
MAINGOT LAWRENCE C
CONTROLLER
Transactions
- Purchase
COMMON STOCK
2004-04-23$8.50/sh+550$4,675→ 2,078 total(indirect: By 401(k))
Holdings
- 12,000
RESTRICTED COMMON STOCK
- 4,875
PURCHASE OPTION
→ COMMON STOCK (4,875 underlying)
Footnotes (2)
- [F1]Restricted stock award contingent upon 5 continuous years of employment, with "cliff" vesting of all shares upon the fifth anniversary of the date of the award. All shares are forefeited in the event of termination of employment prior to the five years, for other than retirment, death or disability. Recipient receives voting power and payment of dividends related to the shares during the vesting period.
- [F2]4,875 shares with varying exercise prices, exercise dates and expiration dates.