BLONDER TONGUE LABORATORIES INC 4
4 · BLONDER TONGUE LABORATORIES INC · Filed Jun 20, 2017
Insider Transaction Report
Form 4
SCHARMETT GARY P
Director
Transactions
- Award
Common Stock, par value $0.001
2017-06-16$0.55/sh+3,272$1,800→ 251,354 total
Footnotes (1)
- [F1]Pursuant to the company's Amended and Restated Director Stock Purchase Plan, the reporting person has elected to receive a fully vested stock award for shares of the company's common stock in lieu of cash payment of director fees otherwise payable to the reporting person. The number of shares of common stock awarded represents the quotient of (i) the director fees payable to the reporting person divided by (ii) $0.55, representing the average of the high and low trading prices reported on the NYSE MKT on June 16, 2017.