BLOCH MARTIN B 4
4 · FREQUENCY ELECTRONICS INC · Filed Jul 26, 2019
Insider Transaction Report
Form 4
BLOCH MARTIN B
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2019-07-23−55,000→ 266,000 totalExercise: $4.60From: 2009-10-27Exp: 2019-10-26→ Common Stock (55,000 underlying) - Exercise/Conversion
Common Stock
2019-07-23$4.60/sh+55,000$253,000→ 55,000 total - Tax Payment
Common Stock
2019-07-23$12.24/sh−20,670$253,001→ 34,330 total
Footnotes (1)
- [F1]The Reporting Person performed a cashless exercise of a Stock Option based on 55,000 shares of Frequency Electronics common stock, receiving 34,330 which is equivalent to the appreciated value of the common stock since the grant date.