SAKAMOTO HIROKATSU 4
4 · SUN HYDRAULICS CORP · Filed Jun 20, 2007
Insider Transaction Report
Form 4
SAKAMOTO HIROKATSU
Director
Transactions
- Award
Common Stock
2007-06-19$44.04/sh+22$969→ 1,322 total - Award
Common Stock
2007-06-19$22.51/sh+44$990→ 1,300 total - Award
Common Stock
2007-06-19$21.16/sh+47$995→ 1,256 total - Award
Common Stock
2007-06-18$44.04/sh+34$1,497→ 1,209 total
Footnotes (2)
- [F1]Represents an additional $1,000 worth of Sun common stock issuable under an amendment to the 2004 Nonemployee Director Equity and Deferred Compensation Plan approved by the Board of Directors in September 2006 regarding compensation of each nonemployee director for each subsequent board meeting (in addition to the $1,500 worth of common stock otherwise issuable under the plan prior to its amendment), which amendment was subject to shareholder approval at the 2007 annual meeting, as follows: 47 shares of common stock issuable with respect to the board meeting held on December 9, 2006; 44 shares of common stock issuable with respect to the board meeting held on March 3, 2007; and 22 shares of common stock issuable with respect to the board meeting held on June 18, 2007. The amendment to the plan was approved by the shareholders on June 19, 2007.
- [F2]Based on the average of the high and low sales prices for the stock on the date of the applicable board meeting.