SM&A 4
4 · SM&A · Filed Aug 14, 2006
Insider Transaction Report
Form 4
SM&AWINS
UNTRACHT ROBERT J
Director
Transactions
- Award
Non Qualified Stock Option (right to buy)
2006-08-10$6.03/sh+498$3,003→ 106,522 totalExercise: $6.03From: 2006-08-10Exp: 2016-08-10→ Common Stock (498 underlying)
Footnotes (3)
- [F1]This grant is issued pursuant to Amendment 1 of the Director Compensation Plan dated February 15, 2006. At the request of Mr. Untracht, the cash fees are converted into equivalent number of shares, according to the fair market value closing price of the Company's Common Stock on the grant date and multiplied by a factor of two to determine the equivalent number of whole shares to be granted.
- [F2]The options vest 100% upon date of grant.
- [F3]This represents vested and exercisable non-qualified stock options available to Mr. Untracht following this reported transaction.