AEROFLEX HOLDING CORP. 4
4 · AEROFLEX HOLDING CORP. · Filed Jul 1, 2014
Insider Transaction Report
Form 4
Wactlar Edward
Senior VP & General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-07-01−9,690→ 9,690 total→ Common Stock (9,690 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2014-07-01+9,690→ 42,456 total - Tax Payment
Common Stock, par value $.01 per share
2014-07-01$10.50/sh−3,575$37,538→ 38,881 total
Holdings
- 65,000(indirect: See Note)
Common Stock, par value $.01 per share
Footnotes (4)
- [F1]Represents 9,690 shares acquired as a result of the vesting of restricted stock units awarded on November 21, 2011 and 3,575 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.
- [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 48,450 restricted stock units ("RSUs"), 20% of which vested on each of November 21, 2011, July 1, 2012, July 1, 2013 and July 1, 2014 (as reflected in Table I above), subject to the Reporting Person's continued employment in good standing with the Issuer.