FREQUENCY ELECTRONICS INC 4
4 · FREQUENCY ELECTRONICS INC · Filed Jul 22, 2013
Insider Transaction Report
Form 4
HECHLER MARKUS
Executive Vice President
Transactions
- Tax Payment
Common Stock
2013-07-18$10.78/sh−7,106$76,603→ 3,229 total - Tax Payment
Common Stock
2013-07-18$10.78/sh−877$9,454→ 5,352 total - Exercise/Conversion
Stock Appreciation Rights
2013-07-18$3.15/sh−3,000$9,450→ 79,500 totalExercise: $3.15From: 2010-01-29Exp: 2019-01-28→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2013-07-18$3.15/sh+3,000$9,450→ 6,229 total - Exercise/Conversion
Common Stock
2013-07-18$9.58/sh+8,000$76,640→ 10,335 total - Exercise/Conversion
Stock Options
2013-07-18$9.58/sh−10,000$95,800→ 7,500 totalExercise: $9.58From: 2002-08-01Exp: 2013-07-31→ Common Stock (8,000 underlying)
Footnotes (2)
- [F1]The Reporting Person exercised 8,000 stock options in a cashless transaction and received 894 shares of Frequency Electronics common stock.
- [F2]The Reporting Person exercised a Stock Appreciation Right based on 3,000 shares of Frequency Electronics common stock, receiving 2,123 shares which is equivalent to the appreciated value of the common stock since the grant date.