SCHWARTZ RICHARD 4
4 · FREQUENCY ELECTRONICS INC · Filed Jan 14, 2019
Insider Transaction Report
Form 4
SCHWARTZ RICHARD
Director
Transactions
- Exercise/Conversion
Common Stock
2019-01-08$3.15/sh+6,000$18,900→ 6,000 total - Tax Payment
Common Stock
2019-01-08$10.37/sh−1,823$18,905→ 4,177 total - Exercise/Conversion
Stock Appreciation Rights
2019-01-08−6,000→ 70,000 totalExercise: $3.15From: 2010-01-29Exp: 2019-01-28→ Common Stock (6,000 underlying)
Footnotes (1)
- [F1]The reporting Person exercised a Stock Appreciation Right based on 6,000 shares of Frequency Electronics common stock, receiving 4,177 shares which is equivalent to the appreciated value of the common stock since the grant date.