HANDLEMAN CO /MI/ 4

4 · HANDLEMAN CO /MI/ · Filed Apr 12, 2004

Form 4

Period: 2004-04-09

Director

Transactions

Tax Payment
Common stock one cent par value
2004-04-09$25.89/sh−1,174$30,389→ 11,640 total
Tax Payment
Common stock one cent par value
2004-04-09$25.89/sh−336$8,697→ 12,136 total
Exercise/Conversion
Director stock option (right to buy)
2004-04-09−2,500→ 0 total
Exercise: $12.16Exp: 2010-09-06→ Common stock one cent par value (2,500 underlying)
Exercise/Conversion
Director stock option (right to buy)
2004-04-09−832→ 1,668 total
Exercise: $10.45Exp: 2012-09-09→ Common stock one cent par value (832 underlying)
Exercise/Conversion
Common stock one cent par value
2004-04-09$12.16/sh+2,500$30,391→ 12,814 total
Exercise/Conversion
Common stock one cent par value
2004-04-09$10.45/sh+832$8,694→ 12,472 total

Footnotes (4)

[F1]Payment of the exercise price on the 2,500 options exercised on 04/09/2004 by withholding 1,174 shares of common stock incident to the exercise of the options issued in accordance with rule 16b-3.
[F2]Payment of the exercise price on the 832 options exercised on 04/09/2004 by withholding 336 shares of common stock incident to the exercise of the options issued in accordance with rule 16b-3.
[F3]One third of the shares were exercisable on or after September 6, 2001; two thirds were exercisable on or after September 6, 2002; 100% were exercisable September 6, 2003.
[F4]One third of the shares were exercisable on or after September 1, 2003; two thirds are exercisable on or after September 1, 2004; 100% are exercisable September 1, 2005.

Documents

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