RYAN GERALD A 4
4 · SPECTRUM CONTROL INC · Filed Feb 2, 2011
Insider Transaction Report
Form 4
RYAN GERALD A
Director
Transactions
- Sale
Common Stock
2011-01-31$13.23/sh−2,958$39,128→ 11,234 total
Holdings
- 12,000
Options
Exercise: $6.43Exp: 2014-04-09→ Common Stock (12,000 underlying) - 38,006(indirect: By IRA)
Common Stock
- 6,000
Options
Exercise: $13.91Exp: 2015-04-15→ Common Stock (6,000 underlying) - 2,500(indirect: By Trust)
Common Stock
- 12,000
Options
Exercise: $8.38Exp: 2013-04-10→ Common Stock (12,000 underlying)
Footnotes (4)
- [F1]1/3rd of the options are currently exercisable, 1/3rd are exercisable 4/10/2011 and the remaining 1/3rd are exercisable on 4/10/2012.
- [F2]1/3rd of the options are exercisable 4/9/2011, 1/3rd are exercisable 4/9/2012 and the remaining 1/3rd are exercisable on 4/9/2013.
- [F3]1/3rd of the options are exercisable 4/15/2012, 1/3rd are exercisable 4/15/2013 and the remaining 1/3rd are exercisable on 4/15/2014.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.18 to $13.30, inclusive. The reporting person undertakes to provide to Spectrum Control, Inc., any security holder of Spectrum Control, Inc., 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 ranges set forth in this footnote to this Form 4.