4//SEC Filing
PENN ENGINEERING & MANUFACTURING CORP 4
Accession 0001116502-05-001274
CIK 0000077106operating
Filed
May 30, 8:00 PM ET
Accepted
May 31, 8:55 AM ET
Size
16.4 KB
Accession
0001116502-05-001274
Insider Transaction Report
Form 4
CHARLES R SMITH PROF
Director
Transactions
- Disposition to Issuer
Directors Stock Option Plan
2005-05-25−5,000→ 0 totalExercise: $11.00From: 1999-12-14Exp: 2008-12-14→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]Cash-Out of Stock Options: Pursuant to the Agreement and Plan of Merger, dated as of January 17, 2005, as amended as of May 10, 2005, by and among PEM Holding Co., PN Merger Sub, Inc. and Penn Engineering & Manufacturing Corp. (the "Company"), this option was canceled in exchange for a cash payment of $18.25 by the Company, representing the difference between the exercise price of the option and the $18.25 per share merger consideration.
Documents
Issuer
PENN ENGINEERING & MANUFACTURING CORP
CIK 0000077106
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000077106
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 8:55 AM ET
- Size
- 16.4 KB