K&F Industries Holdings, Inc. 4
4 · K&F Industries Holdings, Inc. · Filed Jun 28, 2007
Insider Transaction Report
Form 4
Skubina John A
President - Engineered Fabrics
Transactions
- Disposition to Issuer
Option
2007-06-22$9.20/sh−25,000$230,000→ 0 totalExercise: $17.80From: 2007-05-05Exp: 2016-05-05→ Common Stock, Par Value $0.01 per share (25,000 underlying) - Disposition to Issuer
Option
2007-06-22$21.78/sh−49,713$1,082,749→ 0 totalExercise: $5.22From: 2006-01-01Exp: 2015-01-01→ Common Stock, Par Value $0.01 per share (49,713 underlying)
Footnotes (3)
- [F1]The option vests at the rate of 20% per year, commencing on May 5, 2007.
- [F2]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 receive the excess, if any, of $27.00 over the exercise price per share previously subject to such option, less any required withholding taxes.
- [F3]The option vests at the rate of 20% per year, commencing on January 1, 2006