4//SEC Filing
Crane Debra Kackley 4
Accession 0001188112-13-000668
CIK 0000740694other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:10 PM ET
Size
8.9 KB
Accession
0001188112-13-000668
Insider Transaction Report
Form 4
KAYDON CORPKDN
Crane Debra Kackley
Vice President General Counsel
Transactions
- Exercise/Conversion
Common Stock
2013-03-12$14.93/sh+6,000$89,580→ 30,677 total - Tax Payment
Common Stock
2013-03-12$25.04/sh−3,577$89,568→ 27,100 total - Exercise/Conversion
Employee Stock Option (right to buy)
2013-03-12−6,000→ 1,500 totalExercise: $14.93Exp: 2019-02-19→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]Includes 11,800 shares subject to restrictions and forfeiture.
- [F2]To prevent dilution of the value of option awards held by employees and directors as a result of a special dividend of $10.50, in 2012, the Board of Directors approved an adjustment to the exercise price of all outstanding options to take into account the amount of the special dividend.
- [F3]The option, representing a right to purchase a total of 7,500 shares, vests in five equal annual installments beginning on February 19, 2010, which was the first anniversary of the date on which the option was granted. As of March 12, 2013, 6,000 shares of the option had vested, with the remaining 1,500 shares vesting on February 19, 2014.
Documents
Issuer
KAYDON CORP
CIK 0000740694
Entity typeother
Related Parties
1- filerCIK 0001425364
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 5:10 PM ET
- Size
- 8.9 KB