4//SEC Filing
WJ COMMUNICATIONS INC 4
Accession 0001179110-07-004101
CIK 0000105006operating
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 1:41 PM ET
Size
9.8 KB
Accession
0001179110-07-004101
Insider Transaction Report
Form 4
Knoch Mark S
VP, Operation
Transactions
- Exercise/Conversion
Restricted Stock Unit
2007-02-15−7,602→ 90,398 totalExercise: $0.00From: 2010-08-10→ Common Stock (7,602 underlying) - Exercise/Conversion
Common Stock
2007-02-15+7,602→ 161,218 total - Tax Payment
Common Stock
2007-02-15$1.59/sh−3,249$5,166→ 157,969 total
Footnotes (4)
- [F1]Shares of common stock issued without payment upon settlement of newly vested restricted stock units.
- [F2]This amount represents the number of shares withheld by the Company to cover tax obligations of the reporting person arising pursuant to the vesting of restricted stock units.
- [F3]This amounts represents the following items for the reporting person; (a) 3,616 shares acquired pursuant to the terms of the Company's Employee Stock Purchase Plan; (b) An award of 150,000 shares of restricted stock that shall vest solely based on meeting certain performance criteria; (c) 7,602 shares of common stock issued without payment for vested restricted stock units offset by 3,249 shares to cover tax withholding obligations for the vested units.
- [F4]The restricted stock units shall vest on August 10, 2010 if the reporting person has continued to be actively employed by the Company through that date. The reporting person received on an accelerated basis a portion of such shares at the end of the fiscal 6-month period ended 12-31-2006, based on the extent to which the Company satisfied its corporate performance objectives for that 6-month fiscal period and the extent to which the reporting person met his individual management business objectives for the period.
Documents
Issuer
WJ COMMUNICATIONS INC
CIK 0000105006
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000105006
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 1:41 PM ET
- Size
- 9.8 KB