MCCLELLAND THOMAS 4
4 · FREQUENCY ELECTRONICS INC · Filed Dec 16, 2021
Insider Transaction Report
Form 4
MCCLELLAND THOMAS
Vice President
Transactions
- Tax Payment
Common Stock
2021-12-14$9.45/sh−7,672$72,500→ 12,670 total - Exercise/Conversion
Stock Appreciation Rights
2021-12-14−10,000→ 36,000 totalExercise: $7.25From: 2012-12-19Exp: 2021-12-19→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2021-12-14$7.25/sh+10,000$72,500→ 20,342 total
Footnotes (2)
- [F1]The Reporting Person exercised a Stock Appreciation Right based on 10,000 shares of Frequency Electronics common stock, receiving 2,328 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.