4//SEC Filing
LOWRANCE ELECTRONICS INC 4
Accession 0001209191-03-014154
CIK 0000804073operating
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 1:26 PM ET
Size
10.2 KB
Accession
0001209191-03-014154
Insider Transaction Report
Form 4
WEBER RONALD G
Executive VP
Transactions
- Award
Employee Stock Option (Right to Buy)
2001-12-11+34,453→ 34,453 totalExercise: $2.67From: 1988-08-08Exp: 2011-07-24→ Common Stock (34,453 underlying) - Award
Employee Stock Option (Right to Buy)
2001-12-11+115,547→ 115,547 totalExercise: $2.67From: 1988-08-08Exp: 2011-07-24→ Common Stock (115,547 underlying)
Holdings
- 33,000(indirect: See Footnote 1)
Common Stock
- 3,645
Common Stock
Footnotes (3)
- [F1]33,000 shares are held of record by the Trustees of the Lowrance Savings Plan and Trust for Mr. Weber, who is entitled to vote such shares.
- [F2]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.
- [F3]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, 1:26 PM ET
- Size
- 10.2 KB