4//SEC Filing
SWEENEY WILLIAM F 4
Accession 0001181431-05-050771
CIK 0000769874other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 5:36 PM ET
Size
8.5 KB
Accession
0001181431-05-050771
Insider Transaction Report
Form 4
REMEC INCREMC
SWEENEY WILLIAM F
EVP, Worldwide Sales & Mktg.
Transactions
- Tax Payment
Common Stock
2005-09-02$6.00/sh−24,379$146,274→ 11,270 total - Exercise/Conversion
Common Stock
2005-09-02$4.25/sh+30,000$127,500→ 35,649 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-09-02−30,000→ 0 totalExercise: $4.25Exp: 2011-12-20→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]On June 10, 2005, the Board of Directors of the Issuer authorized acceleration of the vesting of the unvested portion of this stock option, contingent upon completion of the sale of selected assets and liabilities of the Issuer's Wireless Systems Business to Powerwave Technologies, Inc. (the "Asset Transaction"). The Asset Transaction was completed on September 2, 2005. Accordingly, this stock option became fully vested and exercisable on September 2, 2005.
Documents
Issuer
REMEC INC
CIK 0000769874
Entity typeother
Related Parties
1- filerCIK 0001186922
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 5:36 PM ET
- Size
- 8.5 KB