BLOCH MARTIN B 4
4 · FREQUENCY ELECTRONICS INC · Filed Jan 29, 2019
Insider Transaction Report
Form 4
BLOCH MARTIN B
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2019-01-26−12,000→ 321,000 totalExercise: $3.15From: 2009-01-29Exp: 2019-01-28→ Common Stock (12,000 underlying) - Exercise/Conversion
Common Stock
2019-01-26$3.15/sh+12,000$37,800→ 12,000 total - Tax Payment
Common Stock
2019-01-26$11.61/sh−3,256$37,802→ 8,744 total
Footnotes (1)
- [F1]The Reporting Person performed a cashless exercise of a Stock Option based on 12,000 shares of Frequency Electronics common stock, receiving 8,744 which is equivalent to the appreciated value of the common stock since the grant date.