REMEC INC 4
4 · REMEC INC · Filed May 24, 2005
Insider Transaction Report
Form 4
REMEC INCREMC
Firouzbakht Farid
VP, Base Station Systems
Transactions
- Other
Redemption Stock
2005-05-20−32,033→ 0 total - Other
Common Stock
2005-05-20−32,033→ 0 total - Other
Common Stock
2005-05-20+14,286→ 14,170 total
Footnotes (6)
- [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 and 1,773 shares of common stock acquired by the reporting person under the REMEC Employee Stock Purchase Plan.
- [F3]Not applicable.
- [F4]The reported securities were automatically redeemed by the issuer at a price of $2.80 per share.
- [F5]Includes all shares of the issuer common stock that may be issued upon vesting of the restricted stock units.
- [F6]Includes shares of common stock that will be redeemed by the issuer upon vesting of the restricted stock units.