MAINGOT LAWRENCE C 4
4 · BAIRNCO CORP /DE/ · Filed Apr 22, 2005
Insider Transaction Report
Form 4
MAINGOT LAWRENCE C
CONTROLLER
Transactions
- Award
Purchase Option
2005-04-21$10.75/sh+1,000$10,750→ 5,250 totalExercise: $10.75→ Common Stock (1,000 underlying)
Holdings
- 550(indirect: By IRA)
Common Stock
- 1,598(indirect: By 401(k))
Common Stock
- 12,000
Restricted Common Stock
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 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.
- [F2]1000 options granted with varying exercise dates and expiration dates.