4//SEC Filing
AEROFLEX HOLDING CORP. 4
Accession 0001144204-13-063135
CIK 0001487990operating
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 5:11 PM ET
Size
11.0 KB
Accession
0001144204-13-063135
Insider Transaction Report
Form 4
Wactlar Edward
Senior VP & General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-11-16−1,615→ 1,615 total→ Common Stock (1,615 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2013-11-16+1,615→ 22,952 total - Tax Payment
Common Stock, par value $.01 per share
2013-11-16$6.83/sh−597$4,078→ 22,355 total
Holdings
- 65,000(indirect: See Note)
Common Stock, par value $.01 per share
Footnotes (4)
- [F1]Represents 1,615 shares acquired as a result of the vesting of restricted stock units awarded on November 21, 2011 and 597 shares withheld to satisfy Reporting Person's tax withholding obligation.
- [F2]These shares of Common Stock are held directly by VGG Holding LLC ("VGG") and are owned indirectly by the Reporting Person by virtue of the Reporting Person's Class B-1 membership interests in VGG. Pursuant to the terms of the limited liability company operating agreement governing VGG, the holders of Class B-1 membership interests are entitled to receive a percentage of all distributions, if any, made by VGG after (x) the holders of Class A membership interests in VGG have received a return of their invested capital plus a 12% per annum internal rate of return (compounded annually) on their invested capital, and (y) certain members of Aeroflex Holding Corp.'s management that received Class A interests in VGG for their capital contributions to VGG have received a special distribution in the aggregate amount of approximately $3.2 million, together with a 12% per annum internal rate of return (compounded annually).
- [F3]Each restricted stock unit granted under the Issuer's 2011 Omnibus Incentive Plan represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]As previously reported, on November 21, 2011, Reporting Person was granted 4,845 restricted stock units ("RSUs") designated as "Time-Based Units," one-third (1/3) of which vested on each of November 16, 2012 and November 16, 2013 (as reflected in Table I above). The remaining RSUs shall vest on November 16, 2014, subject to the Reporting Person's continued employment in good standing with the Issuer.
Documents
Issuer
AEROFLEX HOLDING CORP.
CIK 0001487990
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001487990
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 5:11 PM ET
- Size
- 11.0 KB