SOUTHWORTH RICHARD A 4
4 · SPECTRUM CONTROL INC · Filed Jan 19, 2010
Insider Transaction Report
Form 4
SOUTHWORTH RICHARD A
DirectorPresident
Transactions
- Exercise/Conversion
Options
2010-01-14−15,000→ 0 totalExercise: $7.60Exp: 2010-01-19→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2010-01-14$7.60/sh+40,000$304,000→ 182,331 total - Exercise/Conversion
Options
2010-01-14−25,000→ 0 totalExercise: $7.60Exp: 2010-01-19→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2010-01-14$10.44/sh−29,119$304,002→ 153,212 total
Holdings
- 20,000
Options
Exercise: $9.30Exp: 2012-12-03→ Common Stock (20,000 underlying) - 50,000
Non-qualified Stock Options
Exercise: $6.31Exp: 2010-11-01→ Common Stock (50,000 underlying) - 40,000
Options
Exercise: $5.75Exp: 2014-01-07→ Common Stock (40,000 underlying) - 1,425
Common Stock
Footnotes (6)
- [F1]All of the options are currently exercisable.
- [F2]All of the options are currently exercisable.
- [F3]1/3rd of the options are currently exercisable, 1/3rd are exercisable 12/3/2010, and the remaining 1/3rd are exercisable 11/1/2011.
- [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 Contol, Inc. Employee Stock Option Plan which is a Rule 16b-3 Plan.
- [F6]These shares are held jointly with the reporting persons spouse.