KUTCHIN MELVIN 4
4 · SPECTRUM CONTROL INC · Filed Apr 7, 2004
Insider Transaction Report
Form 4
KUTCHIN MELVIN
Director
Transactions
- Exercise/Conversion
Options
2004-04-06−7,500→ 0 totalExercise: $4.38Exp: 2004-04-08→ Common Stock (7,500 underlying) - Exercise/Conversion
Common Stock
2004-04-06$4.38/sh+7,500$32,813→ 27,500 total
Holdings
- 7,500
Options
Exercise: $11.13Exp: 2005-04-06→ Common Stock (7,500 underlying) - 10,000(indirect: By Spouse)
Common Stock
- 12,000
Options
Exercise: $7.28Exp: 2007-04-11→ Common Stock (12,000 underlying)
Footnotes (6)
- [F1]All of the options have been exercised.
- [F2]All of the options are currently exercisable.
- [F3]2/3rds of the options are currently exercisable and the remaining 1/3rd are exercisable 4/5/05.
- [F4]1/3rd of the options are exercisable on 4/11/04, 1/3rd are exercisable on 4/11/05 and the final 1/3rd are exercisable on 4/11/06.
- [F5]1/3rd of the options are exercisable on 4/16/05, 1/3rd are exercisable on 4/16/06 and the final 1/3rd are exercisable on 4/16/07.
- [F6]Granted under the Spectrum Control, Inc. 1996 Non-Employee Directors' Stock Option Plan which is a Rule 16(b)(3) Plan.