FREQUENCY ELECTRONICS INC 4
4 · FREQUENCY ELECTRONICS INC · Filed Mar 25, 2015
Insider Transaction Report
Form 4
HECHLER MARKUS
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2015-03-24$5.65/sh+12,000$67,800→ 12,000 total - Tax Payment
Common Stock
2015-03-24$13.24/sh−5,121$67,802→ 6,879 total - Exercise/Conversion
Stock Appreciation Rights
2015-03-24−12,000→ 67,500 totalExercise: $5.65From: 2011-09-14Exp: 2020-09-13→ Common Stock (12,000 underlying)
Footnotes (1)
- [F1]The Reporting Person exercised a Stock Appreciation Right based on 12,000 shares of Frequency Electronics common stock, receiving 6,879 shares which is equivalent to the appreciated value of the common stock since the grant date.