4//SEC Filing
MTC TECHNOLOGIES INC 4
Accession 0001181431-03-018183
CIK 0001172243operating
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 3:05 PM ET
Size
6.4 KB
Accession
0001181431-03-018183
Insider Transaction Report
Form 4
SOLLEY MICHAEL W
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2003-08-08−4,000→ 8,000 totalExercise: $17.45From: 2003-03-12Exp: 2013-03-12→ Common Stock (4,000 underlying) - Exercise/Conversion
Common Stock
2003-08-08$17.45/sh+4,000$69,800→ 240,255 total - Tax Payment
Common Stock
2003-08-08$23.12/sh−3,019$69,799→ 237,236 total
Footnotes (1)
- [F1]The option will be exercisable from time to time prior to the tenth anniversary of the Date of Grant (3/12/2003) to the extent of: (i) thirty three and one-third percent (33 1/3%) of the Optioned Shares on the Date of Grant and (ii) an additional thirty-three and one-third percent (33 1/3%) of the Optioned Shares on each of the first two anniversaries of the Date of Grant.
Documents
Issuer
MTC TECHNOLOGIES INC
CIK 0001172243
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001172243
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 3:05 PM ET
- Size
- 6.4 KB