K&F Industries Holdings, Inc. 4
4 · K&F Industries Holdings, Inc. · Filed Jun 28, 2007
Insider Transaction Report
Form 4
Schwartz Kenneth M
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock, Par Value $0.01 per share
2007-06-22$27.00/sh−1,500$40,500→ 0 total(indirect: See FN) - Disposition to Issuer
Common Stock, Par Value $0.01 per share
2007-06-22$27.00/sh−39,414$1,064,178→ 0 total - Disposition to Issuer
Option
2007-06-22$9.20/sh−20,000$184,000→ 0 totalExercise: $17.80From: 2007-05-05Exp: 2016-05-05→ Common Stock, Par Value $0.01 per share (20,000 underlying) - Disposition to Issuer
Option
2007-06-22$21.78/sh−520,955$11,346,400→ 0 totalExercise: $5.22From: 2006-01-01Exp: 2015-01-01→ Common 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.