4//SEC Filing
BAIRNCO CORP /DE/ 4
Accession 0000350750-07-000002
CIK 0000350750operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 8:53 AM ET
Size
13.4 KB
Accession
0000350750-07-000002
Insider Transaction Report
Form 4
FICHTHORN LUKE E III
DirectorChairman & CEO
Transactions
- Exercise of In-Money
Common Stock
2007-03-05$5.94/sh+83,334$495,004→ 352,498 total - Exercise of In-Money
Common Stock
2007-03-05$5.05/sh+50,000$252,500→ 402,498 total - Exercise of In-Money
Purchase Option
2007-03-05$5.94/sh−83,334$495,004→ 50,000 totalExercise: $5.94From: 2000-05-31Exp: 2010-05-31→ Common Stock (83,334 underlying) - Exercise of In-Money
Purchase Option
2007-03-05$5.05/sh−50,000$252,500→ 0 totalExercise: $5.05From: 2007-02-03Exp: 2017-02-03→ Common Stock (50,000 underlying)
Holdings
- 2,000(indirect: By Spouse)
Common Stock
- 42,000
Restricted Common Stock
- 1,500(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Acquisition of 83,334 shares of common stock upon exercise of stock options.
- [F2]Acquisition of 50,000 shares of common stock upon exercise of stock options.
- [F3]Restricted stock award contingent upon five continous years of employment with "cliff" vesting of all shares upon 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.
Documents
Issuer
BAIRNCO CORP /DE/
CIK 0000350750
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000350750
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 8:53 AM ET
- Size
- 13.4 KB