MTC TECHNOLOGIES INC 4
4 · MTC TECHNOLOGIES INC · Filed Oct 24, 2003
Insider Transaction Report
Form 4
GEARHARDT MICHAEL I
Chief Financial Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2003-10-22+4,000→ 4,000 totalExercise: $26.04Exp: 2013-10-22→ Common Stock (4,000 underlying)
Footnotes (1)
- [F1]The option will be exercisable from time to time prior to the tenth anniversary of the Date of Grant 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.