MCCLELLAND THOMAS 4
4 · FREQUENCY ELECTRONICS INC · Filed Apr 7, 2021
Insider Transaction Report
Form 4
MCCLELLAND THOMAS
Vice President
Transactions
- Exercise/Conversion
Stock Appreciation Rights
2021-04-06−10,000→ 56,000 totalExercise: $9.70From: 2012-04-12Exp: 2021-04-12→ Common Stock (10,000 underlying) - Tax Payment
Common Stock
2021-04-06$11.27/sh−8,607$97,001→ 1,393 total - Exercise/Conversion
Common Stock
2021-04-06$9.70/sh+10,000$97,000→ 10,000 total
Footnotes (1)
- [F1]The Reporting Person performed a cashless exercise of a Stock Option based on 10,000 shares of Frequency Electronics common stock, receiving 1,393 which is equivalent to the appreciated value of the common stock since the grant date.