SCRINBER BANI M JR 4
4 · APPLIED SIGNAL TECHNOLOGY INC · Filed May 24, 2004
Insider Transaction Report
Form 4
SCRINBER BANI M JR
Chief Operating Officer
Transactions
- Award
Option (Right to Buy)
2004-03-11+20,000→ 20,000 totalExercise: $26.10From: 2005-03-11Exp: 2014-03-11→ Common Stock (20,000 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 remaining shares at the rate of 1/60 per month over the remining 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.