PINSLEY HOWARD M 4
4 · ESPEY MFG & ELECTRONICS CORP · Filed Dec 29, 2017
Insider Transaction Report
Form 4
PINSLEY HOWARD M
DirectorPresident/CEO/COB
Transactions
- Award
Stock Option
2017-12-27$21.75/sh+2,000$43,500→ 15,600 totalExercise: $21.75From: 2019-10-10Exp: 2027-10-10→ Common Stock (2,000 underlying)
Holdings
- 24,404(indirect: By Trust)
Common Stock - $.33 1/3 par value
- 69,013
Common Stock - $.33 1/3 par value
Footnotes (2)
- [F1]Since the date of the reporting person's last ownership report, the reporting person disposed of 1,100 shares in his ESOP account as a required minimum distribution.
- [F2]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.