SCHWARTZ RICHARD 4
4 · FREQUENCY ELECTRONICS INC · Filed Oct 27, 2021
Insider Transaction Report
Form 4
SCHWARTZ RICHARD
Director
Transactions
- Exercise/Conversion
Common Stock
2021-10-25$7.25/sh+10,000$72,500→ 73,613 total - Tax Payment
Common Stock
2021-10-25$10.10/sh−7,179$72,508→ 66,434 total - Exercise/Conversion
Stock Appreciation Rights
2021-10-26−10,000→ 30,000 totalExercise: $7.25From: 2012-12-19Exp: 2021-12-19→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The reporting person exercised a Stock Appreciation Right based on 10,000 shares of Frequency Electronics common stock, receiving 2,821 shares which is equivalent to the appreciated value of the common stock since the grant date.
- [F2]Total also reflects the expiration of 10,000 Stock Appreciation Rights previously granted to the reporting person that have expired without being exercised.