LOCKHART BRUCE 4
4 · CERADYNE INC · Filed Mar 21, 2012
Insider Transaction Report
Form 4
CERADYNE INCCRDN
LOCKHART BRUCE
Vice President
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-03-19−800→ 1,600 totalExp: 2014-03-19→ Common Stock (800 underlying) - Tax Payment
Common Stock
2012-03-19$31.78/sh−295$9,375→ 4,552 total - Exercise/Conversion
Common Stock
2012-03-19+1,667→ 6,219 total - Tax Payment
Common Stock
2012-03-19$31.78/sh−127$4,036→ 4,047 total - Exercise/Conversion
Restricted Stock Units
2012-03-19−400→ 0 totalExp: 2012-03-19→ Common Stock (400 underlying) - Exercise/Conversion
Common Stock
2012-03-19+800→ 4,847 total - Tax Payment
Common Stock
2012-03-19$31.78/sh−663$21,070→ 5,556 total - Exercise/Conversion
Restricted Stock Units
2012-03-19−1,667→ 1,667 totalExp: 2013-03-19→ Common Stock (1,667 underlying) - Exercise/Conversion
Common Stock
2012-03-19+400→ 4,174 total
Holdings
- 1,774(indirect: By Trust)
Common Stock
- 428(indirect: Non-qualified Deferred Compensation Plan)
Common Stock
Footnotes (9)
- [F1]No shares were sold. These 127 shares represent amounts withheld and applied to the payroll tax withholding liability of the recipient generated by the vesting of the award.
- [F2]No shares were sold. These 295 shares represent amounts withheld and applied to the payroll tax withholding liability of the recipient generated by the vesting of the award.
- [F3]No shares were sold. These 663 shares represent amounts withheld and applied to the payroll tax withholding liability of the recipient generated by the vesting of the award.
- [F4]Includes shares acquired through a matching contribution by the Company in connection with the Ceradyne 401(k) Plan.
- [F5]Each Restricted Stock Unit represents the contingent right to receive one share of common stock.
- [F6]This Award vests as to 400 units on each of March 19, 2008, March 19, 2009, March 19, 2010, March 19, 2011 and March 19, 2012.
- [F7]This Award vests as to 800 units on each of March 19, 2010, March 19, 2011, March 19, 2012, March 19, 2013 and March 19, 2014.
- [F8]This Award vests as to 1,666 shares on March 19, 2011 and 1,667 shares on both March 19, 2012 and March 19, 2013.
- [F9]This Award vests as to 800 shares on each of March 19, 2012, March 19, 2013, March 19, 2014, March 19, 2015 and March 19, 2016.