4//SEC Filing
BERKELEY HELEN H 4
Accession 0000891839-11-000072
CIK 0000716314other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 4:50 PM ET
Size
13.3 KB
Accession
0000891839-11-000072
Insider Transaction Report
Form 4
GRAHAM CORPGHM
BERKELEY HELEN H
Director
Transactions
- Award
Share Equivalent Unit
2011-07-28+54.68→ 54.68 total→ Common Stock (54.68 underlying)
Holdings
- 182,112
Common Stock
- 5,000
Stock Option (Right to Buy)
Exercise: $7.98From: 2010-06-01Exp: 2016-06-01→ Common Stock (5,000 underlying) - 924
Stock Option (Right to Buy)
Exercise: $30.88Exp: 2018-05-29→ Common Stock (924 underlying) - 74.02
Share Equivalent Unit
→ Common Stock (74.02 underlying) - 5,000
Stock Option (Right to Buy)
Exercise: $6.90From: 2011-05-31Exp: 2017-05-31→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]This option was previously reported by Ms. Berkeley.
- [F2]This option was previously reported by Ms. Berkeley and is exercisable pro rata on the first, second, third and fourth anniversaries of the 5/29/08 grant date.
- [F3]This share equivalent unit was granted under the Graham Corporation Outside Directors' Long Term Incentive Plan, as amended. Under the LTIP, SEUs are credited to each non-employee director's account for each of the first five fiscal years during such director's term in which Graham produces consolidated net income in an amount at least equal to the consolidated net income specified in the budget for each such fiscal year. Such determinations are made annually. Each SEU is valued at the market value of one share of common stock on the valuation date, which is the last day of trading of the first quarter following the end of a fiscal year for which SEUs are to be credited. The number of SEUs to be credited annually is determined by dividing the value of one SEU into $10,000.
- [F4]Outstanding SEUs accrue dividends quarterly in accordance with Graham's regular dividend policy and such dividends are reflected in each director's account after the end of each fiscal year. The number of SEUs reported represent dividends accrued under the LTIP. Upon termination of a non-employee director's service, but not before, the non-employee director may redeem each SEU for one share of common stock or, alternatively and subject to Graham's discretion, for the cash equivalent at the closing price of the stock on the NYSE Amex on the date of termination of service, subject to certain limitations.
Documents
Issuer
GRAHAM CORP
CIK 0000716314
Entity typeother
Related Parties
1- filerCIK 0001061394
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 4:50 PM ET
- Size
- 13.3 KB