4//SEC Filing
NATCO GROUP INC 4
Accession 0001181431-07-038837
CIK 0001057693operating
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 12:54 PM ET
Size
8.2 KB
Accession
0001181431-07-038837
Insider Transaction Report
Form 4
Farnsworth Bradley P
Other
Transactions
- Award
Stock Option - Right to Buy
2007-06-06+6,430→ 6,430 totalExercise: $44.70Exp: 2014-06-06→ Common stock (6,430 underlying) - Award
Common stock - restricted stock
2007-06-06$44.70/sh+3,160$141,252→ 12,394 total
Footnotes (3)
- [F1]Restrictions on this grant of restricted stock lapse as to all of the shares on (a) June 6, 2010 provided that the recipient has continuously served as an employee from the date of the award until such date or, (b) if earlier, pursuant to tha applicable incentive plan or upon the occurrence of a Corporate Change as defined in such plan, provided, in either case, that the recipient has been continuously employed by the Company or a subsidiary on such date or the date of such Corporate Change. The shares are subject to forfeiture upon termination of employment prior to the time the restrictions lapse.
- [F2]Direct ownership includes (a) an aggregate of 1,234 shares purchased through a partipant-directed defined contribution employee benefit plan and (b) an aggregate of 11,160 shares of restricted stock subject to restriction and risk of forfeiture, including the shares reported in this transaction.
- [F3]The options vest in 1/3 increments on the first, second and third anniversaries of the date of grant, subject to continued employment by the company or a subsidiary on the applicable date. The first third will vest on June 6, 2008.
Documents
Issuer
NATCO GROUP INC
CIK 0001057693
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001057693
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 12:54 PM ET
- Size
- 8.2 KB