REMEC INC 4
4 · REMEC INC · Filed May 24, 2005
Insider Transaction Report
Form 4
REMEC INCREMC
OPALSKI JON E
Executive Vice President
Transactions
- Other
Common Stock
2005-05-20−108,702→ 0 total(indirect: See footnote) - Tax Payment
Common Stock
2005-05-20−1,330→ 0 total - Other
Common Stock
2005-05-20+47,887→ 47,887 total(indirect: See footnote) - Other
Redemption Stock
2005-05-20−107,372→ 0 total
Footnotes (8)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7, each share of common stock outstanding at the close of trading on the Nasdaq National Market on May 20, 2005 was converted into 0.446 of a share of common stock and one share of redemption stock.
- [F2]Includes all shares of the issuer common stock that may be issued upon vesting of the restricted stock units acquired by the reporting person.
- [F3]Not applicable.
- [F4]Shares withheld to pay withholding taxes.
- [F5]3,766 shares of common stock are held by Spouse.
- [F6]1,679 shares of common stock are held by Spouse.
- [F7]The reported securities were automatically redeemed by the issuer at a price of $2.80 per share.
- [F8]Includes shares of common stock that will be redeemed by the issuer upon vesting of the restricted stock units.