MTC TECHNOLOGIES INC 4
4 · MTC TECHNOLOGIES INC · Filed Feb 9, 2005
Insider Transaction Report
Form 4
SOIN RAJESH K
DirectorChairman of the Board10% Owner
Transactions
- Award
Common Stock
2005-02-07+37,276→ 160,905 total(indirect: By Spouse) - Gift
Common Stock
2005-02-03−13,000→ 5,470,949 total - Award
Common Stock
2004-11-24+15,758→ 123,629 total(indirect: By Spouse) - Gift
Common Stock
2004-12-22−4,464,982→ 1,018,967 total - Gift
Common Stock
2005-01-31+4,464,982→ 5,483,949 total
Footnotes (4)
- [F1]These shares were acquired by the Reporting Person's spouse pursuant to a stock purchase agreement among the issuer, a subsidiary of the issuer and the selling shareholders of a target company. The stock purchase agreement provided for the issuance of shares in partial settlement of certain earn-out payments provided for under the agreement. The proportion aggregate value of the Reporting Person's spouse's shares was $401,829.
- [F2]The Reporting Person disclaims beneficial ownership for the shares acquired.
- [F3]These shares were acquired by the Reporting Person's spouse pursuant to a stock purchase agreement among the issuer, a subsidiary of the issuer and the selling shareholders of a target company. The stock purchase agreement provided for the issuance of shares in partial settlement of certain earn-out payments provided for under the agreement. The proportion aggregate value of the Reporting Person's spouse's shares was $1,153,823.
- [F4]On December 22, 2004, 4,464,982 shares were transferred to the Rajesh and Indu Soin Irrevocable Trust. The shares were transferred back to Mr. Soin from the Rajesh and Indu Soin Irrevocable Trust on January 31, 2005.