TEL INSTRUMENT ELECTRONICS CORP 4
4 · TEL INSTRUMENT ELECTRONICS CORP · Filed Feb 10, 2005
Insider Transaction Report
Form 4
MELNICK ROBERT J
Director
Transactions
- Award
Stock Option (right to buy)
2004-12-08−10,000→ 16,000 totalExercise: $3.40From: 2005-12-08Exp: 2009-12-08→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
1999-12-01$1.56/sh+1,600$2,500→ 26,600 total - Exercise/Conversion
Common Stock
1999-12-01$1.56/sh+5,000$7,813→ 31,600 total - Exercise/Conversion
Stock Option (right to buy)
2004-12-01−5,000→ 6,000 totalExercise: $1.56From: 2000-12-01Exp: 2004-12-01→ Common Stock (5,000 underlying) - Exercise/Conversion
Stock option (right to buy)
2004-12-01−1,600→ 11,000 totalExercise: $1.56From: 2000-12-01Exp: 2004-12-01→ Common Stock (1,600 underlying)
Footnotes (1)
- [F1]Options become exercisable for 20% of the shares on the first three anniversaries of the grant and 40% of the shares on the fourth anniversary of the grant date.