MECREDY ROBERT F 4
4 · ARMOR HOLDINGS INC · Filed Feb 14, 2005
Insider Transaction Report
Form 4
MECREDY ROBERT F
President-Aerospace & Def Grp
Transactions
- Award
Common Stock, par value $0.01 per share
2005-02-10+3,351→ 35,075 total - Award
Common Stock, par value $0.01 per share
2005-02-10+25,000→ 35,075 total - Award
Stock Option (right to buy)
2005-02-10+75,000→ 75,000 totalExercise: $44.76Exp: 2015-02-10→ Common Stock (75,000 underlying)
Footnotes (6)
- [F1]Represents a grant of restricted stock 1,117 shares of which will vest on each of January 1, 2006, January 1, 2007, and January 1, 2008.
- [F2]Represents a grant of restricted stock which will vest upon a change of control of the Company.
- [F3]The amount of securities reported as beneficially owned following the reported transaction includes (i) 2,400 shares of common stock awarded as a restricted stock award which vests on December 31, 2005; and (ii) 1,900 shares of common stock awarded as a restricted stock award which vests on December 31, 2006.
- [F4]Presently exercisable.
- [F5]Sales of common stock issued upon an exercise of any such options will be subject to the following lock-up restrictions: all of the shares will be restricted from sale for two years, 75% of the shares will be restricted from sale for three years, 50% of the shares will be restricted from sale for four years, and 25% of the shares will be restricted from sale for five years.
- [F6]In addition to the 75,000 stock options reported herein, the Reporting Person is the beneficial owner of stock options to purchase 66,666 shares at an exercise price of $17.12 and stock options to purchase 8,334 shares at an exercise price of $23.09.