CPI AEROSTRUCTURES INC 4
4 · CPI AEROSTRUCTURES INC · Filed Apr 2, 2015
Insider Transaction Report
Form 4
Bazaar Harvey J
Director
Transactions
- Exercise/Conversion
Common Stock
2015-03-31$8.00/sh+25,000$200,000→ 42,768 total - Tax Payment
Common Stock
2015-03-31$12.26/sh−16,314$200,010→ 26,454 total - Exercise/Conversion
Option to Purchase Common Stock
2015-03-31−25,000→ 0 totalExercise: $8.00From: 2010-04-01Exp: 2015-03-31→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2015-04-01+2,768→ 29,222 total - Exercise/Conversion
Restricted Stock Unit
2015-04-01−2,768→ 8,304 total→ Common Stock (2,768 underlying)
Footnotes (2)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On January 2, 2015, the reporting person was granted 8,304 restricted stock units vesting in three equal installments of 2,768 on April 1, 2015, July 1, 2015 and October 1, 2015. Vested shares will be promptly delivered to the reporting person.