KEY TRONIC CORP 4
4 · KEY TRONIC CORP · Filed Jul 25, 2016
Insider Transaction Report
Form 4
KEY TRONIC CORPKTCC
Bostwick Lawrence J
VP of Quality & Reg Affairs
Transactions
- Tax Payment
Common Stock
2016-07-22$7.89/sh−1,503$11,859→ 13,201 total - Exercise/Conversion
Common Stock
2016-07-22$4.40/sh+4,423$19,461→ 14,704 total - Exercise/Conversion
Stock Appreciation Right
2016-07-22−10,000→ 0 totalExercise: $4.40From: 2014-07-27Exp: 2016-07-27→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The number of shares to be issued upon exercise of a Stock Appreciation Right (SAR) is determined by multiplying the number of SAR units being exercised by the difference between the fair market value on the exercise date ($7.89) and the exercise price ($4.40) divided by the fair market value on the exercise date. A portion of the shares are then withheld to satisfy the Company's tax withholding obligations.
- [F2]Stock appreciation right granted pursuant to the Key Tronic Corporation 2010 Incentive Plan.