CAVANAGH PATRICK W 4
4 · WILLIAMS CONTROLS INC · Filed Jul 11, 2012
Insider Transaction Report
Form 4
CAVANAGH PATRICK W
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2012-07-10$12.47/sh−23,329$290,913→ 29,133 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-07-10−31,000→ 100,666 totalExercise: $7.20From: 2004-10-01Exp: 2014-10-01→ Common Stock (31,000 underlying) - Exercise/Conversion
Common Stock
2012-07-10$7.20/sh+31,000$223,200→ 52,462 total
Footnotes (1)
- [F1]Reflects 23,329 shares withheld by the issuer at the market price of $12.47 per share less an exercise price of $7.20 per share to fund the cashless exercise of 31,000 options owned by Mr. Cavanagh, which cashless exercise was approved by the Board of Directors.