HEI INC·5

Oct 15, 4:34 PM ET

EVERS MICHAEL J 5

5 · HEI INC · Filed Oct 15, 2004

Insider Transaction Report

Form 5
Period: 2004-08-31
Transactions
  • Purchase

    Common Stock

    2004-05-14$2.34/sh+5,000$11,7005,000 total
  • Award

    Stock Option (Right to Buy)

    2004-02-11+10,00030,000 total
    Exercise: $3.40Exp: 2014-02-11Common Stock (10,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2003-06-20+20,00020,000 total
    Exercise: $3.18From: 2004-06-20Exp: 2013-06-20Common Stock (20,000 underlying)
Footnotes (2)
  • [F1]The shares vest and become exercisable at 25% upon issuance and 25% on each anniversary date.
  • [F2]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. Evers' death or disability, or (iv) the effective date of a change of control.

Documents

2 files
  • 5
    doc5.xmlPrimary

    FORM 5 SUBMISSION

  • EX-24.5_58228

    POA DOCUMENT