BAIRNCO CORP /DE/ 4
4 · BAIRNCO CORP /DE/ · Filed Mar 29, 2005
Insider Transaction Report
Form 4
MAINGOT LAWRENCE C
CONTROLLER
Transactions
- Exercise of In-Money
PURCHASE OPTION
2005-03-25$3.38/sh−250$844→ 4,500 totalExercise: $3.38From: 1996-03-18Exp: 2006-03-18→ COMMON STOCK (250 underlying)
Holdings
- 550(indirect: By IRA)
COMMON STOCK
- 1,598(indirect: By 401(k))
COMMON STOCK
- 12,000
RESTRICTED COMMON STOCK
Footnotes (1)
- [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 forfeited in the event of termination of employment prior to the five years, for other than retirement, death or disability. Recipient receives voting power and payment of dividends related to the shares during the vesting period.