MAYER ROBERT B 4
4 · BLONDER TONGUE LABORATORIES INC · Filed Feb 4, 2005
Insider Transaction Report
Form 4
MAYER ROBERT B
Director
Transactions
- Award
Director Stock Option (right to buy)
2005-02-02+5,000→ 5,000 totalExercise: $3.85From: 2005-05-31Exp: 2015-02-01→ Common Stock par value $0.001 (5,000 underlying)
Footnotes (1)
- [F1]The exercise price is subject to increase if the fair market value of the common stock is higher than $3.85 per share on the date that the trading window opens under the Company's Policy Regarding Special Trading Procedures. If higher, the exercise price will be equal to the fair market value (equal to the mean average of the high and low selling prices as reported on the American Stock Exchange) of the common stock on the date the trading window opens.