OVADIA ALBERT 4
4 · APPLIED SIGNAL TECHNOLOGY INC · Filed May 24, 2004
Insider Transaction Report
Form 4
OVADIA ALBERT
VP MultiChannel Systems Div.
Transactions
- Award
Option (Right to Buy)
2004-03-11+15,000→ 15,000 totalExercise: $26.10From: 2005-03-11Exp: 2014-03-11→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Granted pursuant to the Applied Signal Technology, Inc. 2001 Stock Option Plan. The Option becomes exerciseable at the rate of 20% one year after grant date and the remining shares at the rate of 1/60 per month over the remaining 48 months such that the options are 100% vested 5 years after grant date.
- [F2]Price of Derivative Security: None. No sale or purchase of shares taken place in this filing.