Home/Filings/4/0001104659-07-050550
4//SEC Filing

K&F Industries Holdings, Inc. 4

Accession 0001104659-07-050550

CIK 0001310663operating

Filed

Jun 27, 8:00 PM ET

Accepted

Jun 28, 6:04 AM ET

Size

12.9 KB

Accession

0001104659-07-050550

Insider Transaction Report

Form 4
Period: 2007-06-22
Schwartz Kenneth M
DirectorPresident and CEO
Transactions
  • Disposition to Issuer

    Common Stock, Par Value $0.01 per share

    2007-06-22$27.00/sh1,500$40,5000 total(indirect: See FN)
  • Disposition to Issuer

    Common Stock, Par Value $0.01 per share

    2007-06-22$27.00/sh39,414$1,064,1780 total
  • Disposition to Issuer

    Option

    2007-06-22$9.20/sh20,000$184,0000 total
    Exercise: $17.80From: 2007-05-05Exp: 2016-05-05Common Stock, Par Value $0.01 per share (20,000 underlying)
  • Disposition to Issuer

    Option

    2007-06-22$21.78/sh520,955$11,346,4000 total
    Exercise: $5.22From: 2006-01-01Exp: 2015-01-01Common Stock, Par Value $0.01 per share (520,955 underlying)
Footnotes (6)
  • [F1]Excludes 500 shares purchased by Beth Schwartz, Mr. Schwartz's wife, 500 shares purchased by Jonathan Schwartz, Mr. Schwartz's son, and 500 shares purchased by Ilana Schwartz, Mr. Schwartz's daughter. Mr. Schwartz disclaims beneficial ownership of all such shares except to the extent he may be deemed to have a pecuniary interest therein.
  • [F2]At the effective date of the merger between the Issuer and Ferndown Acquisition Corp., a wholly-owned subsidiary of Meggitt-USA, Inc, each share converted into the right to receive $27.00 in cash.
  • [F3]Includes 500 shares purchased by Beth Schwartz, Mr. Schwartz's wife, 500 shares purchased by Jonathan Schwartz, Mr. Schwartz's son, and 500 shares purchased by Ilana Schwartz, Mr. Schwartz's daughter. Mr. Schwartz disclaims beneficial ownership of all such shares except to the extent he may be deemed to have a pecuniary interest therein.
  • [F4]The option vests at the rate of 20% per year, commencing on May 5, 2007.
  • [F5]At the effective date of the merger between the Issuer and Ferndown Acquisition Corp., a wholly-owned subsidiary of Meggitt-USA, Inc, the option was cancelled and converted into the right to received the excess, if any, of $27.00 over the exercise price per share previously subject to such option, less any required withholding taxes.
  • [F6]The option vests at the rate of 20% per year, commencing on January 1, 2006.

Documents

1 file

Issuer

K&F Industries Holdings, Inc.

CIK 0001310663

Entity typeoperating

Related Parties

1
  • filerCIK 0001310663

Filing Metadata

Form type
4
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 6:04 AM ET
Size
12.9 KB