HEDGES DONALD W 4
4 · SERVOTRONICS INC /DE/ · Filed Feb 6, 2008
Insider Transaction Report
Form 4
HEDGES DONALD W
Director
Transactions
- Disposition to Issuer
Options (Right to Buy)
2008-02-04$6.69/sh−12,600$84,294→ 0 totalExercise: $8.50Exp: 2008-03-23→ Common Stock (12,600 underlying)
Holdings
- 15,000
Options (Right to Buy)
Exercise: $3.81Exp: 2010-07-06→ Common Stock (15,000 underlying) - 16,000
Options (Right to Buy)
Exercise: $4.38Exp: 2011-09-05→ Common Stock (16,000 underlying) - 18,000
Options (Right to Buy)
Exercise: $2.04Exp: 2013-04-10→ Common Stock (18,000 underlying) - 4,736
Common Stock
- 7,500
Options (Right to Buy)
Exercise: $4.70Exp: 2015-12-29→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]Pursuant to an amendment to the applicable stock option agreement, the reporting person elected to surrender these unexercised options to the Company in exchange for a cash payment equal to the difference between the exercise price and the average of the high and the low market price of the Company's common stock on the day of surrender ($15.22) less an administrative charge.
- [F2]All of the options are currently exercisable.