CERADYNE INC 4
4 · CERADYNE INC · Filed May 31, 2007
Insider Transaction Report
Form 4
CERADYNE INCCRDN
Hartl Peter
Vice President
Transactions
- Exercise/Conversion
Restricted Stock Units
2007-05-29−1,500→ 4,500 totalExp: 2010-05-26→ Common Stock (1,500 underlying) - Exercise/Conversion
Common Stock
2007-05-29+1,500→ 1,500 total - Tax Payment
Common Stock
2007-05-29$67.25/sh−665$44,721→ 835 total
Footnotes (3)
- [F1]No shares were sold. These 665 shares represent amounts withheld and applied to the payroll tax withholding liability of the recipient generated by the vesting of the award.
- [F2]Each Restricted Stock Unit represents the contingent right to receive one share of common stock.
- [F3]This Award vests as to 20% of the total units on each of 05/26/2006, 05/26/2007, 05/26/2008, 05/26/2009 and 05/26/2010.