WARD BRIAN F 4
4 · SPECTRUM CONTROL INC · Filed Jul 6, 2009
Insider Transaction Report
Form 4
WARD BRIAN F
Vice President
Transactions
- Exercise/Conversion
Common Stock
2009-07-02$6.31/sh+20,000$126,200→ 35,000 total - Sale
Common Stock
2009-07-02$8.94/sh−9,136$81,676→ 25,864 total - Exercise/Conversion
Common Stock
2009-07-02$7.60/sh+15,000$114,000→ 15,000 total - Exercise/Conversion
Options
2009-07-02−15,000→ 0 totalExercise: $7.60Exp: 2010-01-19→ Common Stock (15,000 underlying) - Exercise/Conversion
Non-qualified Stock Options
2009-07-02−20,000→ 10,000 totalExercise: $6.31Exp: 2010-11-01→ Common Stock (30,000 underlying)
Holdings
- 21,000
Options
Exercise: $5.75Exp: 2014-01-07→ Common Stock (21,000 underlying) - 15,000
Incentive Stock Options
Exercise: $15.00Exp: 2012-12-03→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]All of the options are currently exercisable
- [F2]2/3rds of the options are currently exercisable and the remaining 1/3rd are exercisable 11/1/2009.
- [F3]1/3rd of the options are exercisable 12/3/2009, 1/3rd are exercisable 12/3/2010, and the remaining 1/3rd are exercisable 12/3/2011.
- [F4]1/3rd of the options are exercisable 1/7/2011, 1/3rd are exercisable 1/7/2012, and the remaining 1/3rd are exercisable 1/7/2013.
- [F5]All are granted under the Spectrum Control, Inc. Employee Stock Option Plan which is a Rule 16b-3 plan