FLOEDER TIMOTHY F 5
5 · HEI INC · Filed Oct 15, 2004
Insider Transaction Report
Form 5
HEI INCHEII
FLOEDER TIMOTHY F
Director
Transactions
- Award
Stock Option (Right to Buy)
2004-01-14+50,000→ 80,000 totalExercise: $2.75From: 2004-01-14Exp: 2014-01-14→ Common Stock (50,000 underlying) - Award
Stock Option (Right to Buy)
2004-01-14+20,000→ 30,000 totalExercise: $2.75From: 2004-01-14Exp: 2014-01-14→ Common Stock (20,000 underlying) - Award
Stock Option (Right to Buy)
2004-02-11+10,000→ 90,000 totalExercise: $3.40Exp: 2014-02-11→ Common Stock (10,000 underlying) - Award
Stock Option (Right to Buy)
2003-02-05+10,000→ 10,000 totalExercise: $2.16Exp: 2013-02-04→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The shares will vest and become exercisable on the earlier of (i) the seventh anniversary of the date of grant, (ii) the first date after the date of grant on which the market value per shares of the common stock of HEI, Inc. equals or exceeds $25.00, (iii) the date of Mr. Floeder's death or disability, or (iv) the effective date of a change of control.
- [F2]The shares vest and become exercisable at 25% upon issuance and 25% on each anniversary date.