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LOWRANCE ELECTRONICS INC 4

Accession 0001209191-03-014149

CIK 0000804073operating

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 1:19 PM ET

Size

7.9 KB

Accession

0001209191-03-014149

Insider Transaction Report

Form 4
Period: 2001-12-11
CALLAWAY BOB G
VP Marketing
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2001-12-11+25,00025,000 total
    Exercise: $2.67From: 1988-08-08Exp: 2011-07-24Common Stock (25,000 underlying)
Footnotes (2)
  • [F1]The option grant was approved by a committee of Lowrance's board of directors on July 25, 2001, subject to shareholder approval of the stock option plan under which the option was granted. Lowrance's shareholders approved the plan on December 11, 2001.
  • [F2]The option may be exercised in whole or in part at any time or times only upon or after the first to occur of the following events: (a) the occurrence of any transaction by which Darrell J. Lowrance sells 100% of the shares he then owns directly, in a private placement or registered public offering or through Rule 144 sales; or (b) upon the sale by the Company of all or substantially all of the Company's assets and operations to a third party; or (c) on or after July 24, 2010.

Issuer

LOWRANCE ELECTRONICS INC

CIK 0000804073

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000804073

Filing Metadata

Form type
4
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 1:19 PM ET
Size
7.9 KB