4/A//SEC Filing
FOTHERINGHAM VERNON L 4/A
Accession 0001209191-07-007065
CIK 0001032067other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 2:02 PM ET
Size
7.2 KB
Accession
0001209191-07-007065
Insider Transaction Report
Form 4/AAmended
FOTHERINGHAM VERNON L
Director
Transactions
- Award
Employee Stock Option (right to buy)
2004-07-08+5,000→ 5,000 totalExercise: $3.40Exp: 2014-07-07→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Pursuant to the automatic director grant provision of the Company?s 1997 Stock Incentive Plan, the options were granted on July 8, 2004, the date of the Company?s Annual Meeting of Stockholders in 2004, with a per-share exercise price of $3.40, the closing price of the Company common stock on July 8, 2004. However, the options were incorrectly dated August 23, 3004, with a per-share exercise price of $3.06, the closing price of the Company?s common stock on that date. This amendment is being filed to correct the grant date, exercise price, vesting schedule and expiration date of the options. This amendment does not represent the grant of a new option or any other current transaction.
- [F2]Under certain circumstances the Company shall have the ability to unilaterally substitute Stock Appreciation Rights ("SARs") paid only in stock with identical terms and conditions as the option substituted and where the aggregate difference between the fair market value of the underlying shares and the grant price of the SARs is equivalent to the aggregate difference between the fair market value of the underlying shares and the exercise price of the options.
- [F3]Three year vesting schedule: Options become exercisable in substantially equal installments on July 8, 2005, 2006 and 2007.
Documents
Issuer
MEADE INSTRUMENTS CORP
CIK 0001032067
Entity typeother
Related Parties
1- filerCIK 0001033526
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 2:02 PM ET
- Size
- 7.2 KB