4//SEC Filing
KAYDON CORP 4
Accession 0001188112-13-000012
CIK 0000740694operating
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 6:03 PM ET
Size
5.8 KB
Accession
0001188112-13-000012
Insider Transaction Report
Form 4
KAYDON CORPKDN
COYNE PATRICK P
Director
Transactions
- Award
Phantom Stock
2012-12-31$23.93/sh+76.34$1,827→ 9,210.54 total→ Common Stock (76.34 underlying)
Footnotes (3)
- [F1]Acquired on December 31, 2012, as a result of reporting person's previous election to receive accruals of additional phantom shares as a result of dividends paid on phantom shares of Kaydon common stock owned at the beginning of the fiscal quarter, at $23.93 per share, the closing price of Kaydon common stock on December 31, 2012. Shares of phantom stock are payable in cash or shares of Kaydon common stock on any January 1st, but if no specific election is made, then the amounts deferred for that year will be paid on the January 1st following the board member's separation from service.
- [F2]Each share of phantom stock is the equivalent of one share of common stock.
- [F3]Phantom shares have no specific date of exercisability nor any specific expiration date.
Documents
Issuer
KAYDON CORP
CIK 0000740694
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000740694
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 6:03 PM ET
- Size
- 5.8 KB