BEARD JOHN E 4
4 · BTU INTERNATIONAL INC · Filed Mar 11, 2011
Insider Transaction Report
Form 4
BEARD JOHN E
Director
Transactions
- Exercise/Conversion
Common Stock
2011-03-09$3.33/sh+2,252$7,499→ 23,849 total - Exercise/Conversion
Options (right to buy)
2011-03-09−2,000→ 0 totalExercise: $3.30Exp: 2012-05-26→ Common Stock (2,000 underlying) - Exercise/Conversion
Common Stock
2011-03-10$5.25/sh+2,000$10,500→ 25,849 total - Exercise/Conversion
Common Stock
2011-03-09$3.30/sh+2,000$6,600→ 21,597 total - Sale
Common Stock
2011-03-10$11.40/sh−2,000$22,804→ 23,849 total - Exercise/Conversion
Options (right to buy)
2011-03-10−2,000→ 0 totalExercise: $5.25Exp: 2011-05-27→ Common Stock (2,000 underlying) - Exercise/Conversion
Options (right to buy)
2011-03-09−2,252→ 0 totalExercise: $3.33From: 2010-04-01Exp: 2014-04-01→ Common Stock (2,252 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.26 to $11.62, inclusive. The reporting person undertakes to provide to BTU International, any security holder of BTU International, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]500 shares on and after May 26, 2006; 500 shares on and after May 26, 2007; 500 shares on and after May 26, 2008; 500 shares on and after May 26, 2009
- [F3]500 shares on and after May 27, 2005; 500 shares on and after May 27, 2006; 500 shares on and after May 27, 2007; 500 shares on and after May 27, 2008