Williams James J 4
4 · K&F Industries Holdings, Inc. · Filed Jun 14, 2006
Insider Transaction Report
Form 4
Williams James J
SVP - Aircraft Braking Systems
Transactions
- Award
Option
2006-05-05+27,000→ 89,141 totalExercise: $17.80From: 2007-05-05Exp: 2016-05-05→ Common Stock, Par Value $0.01 per share (27,000 underlying)
Footnotes (3)
- [F1]These options vest at a rate of 20% per year commencing on May 5, 2007.
- [F2]No monetary consideration was paid by Mr. Williams for the options reported herein.
- [F3]K&F Industries Holdings, Inc. paid special dividends using the proceeds of its initial public offering to its common stockholders of record immediately prior to its initial public offering. After the payment of these dividends, the number of shares issuable upon exercise of these options was automatically and proportionately increased without increasing the aggregate option exercise price. The number of shares issuable upon exercise of each option to purchase one share was increased to approximately 1.44 shares after the payment of these dividends.