SABO ALVIN O 4
4 · ESPEY MFG & ELECTRONICS CORP · Filed Dec 29, 2017
Insider Transaction Report
Form 4
SABO ALVIN O
Director
Transactions
- Award
Stock Option
2017-12-27$21.75/sh+2,000$43,500→ 14,600 totalExercise: $21.75From: 2019-10-10Exp: 2027-10-10→ Common Stock (2,000 underlying)
Holdings
- 1,310(indirect: By Spouse)
Common Stock - $.33 1/3 par value
- 6,300
Common Stock - $.33 1/3 par value
- 10,649
Common Stock - $.33 1/3 par value
Footnotes (3)
- [F1]IRA Account
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]The option grant was approved by the Corporation's Board of Directors on October 10, 2017, subject to shareholder approval of the plan under which the option was granted, the filing of a registration statement on Form S-8 with the Securities and Exchange Commission, and the approval of an additional listing application by the NYSE MKT. The Corporation's shareholders approved the plan on December 1, 2017, the registration statement on Form S-8 was filed with the SEC on December 4, 2017, and the NYSE MKT approved the application on December 27, 2017.