GRUENWALD JOHN THOMAS 4
4 · SPECTRUM CONTROL INC · Filed Jun 6, 2011
Insider Transaction Report
Form 4
GRUENWALD JOHN THOMAS
Director
Transactions
- Disposition to Issuer
Common Stock
2011-06-01$20.00/sh−59,206$1,184,120→ 0 total - Disposition to Issuer
Options
2011-06-01−12,000→ 0 totalExercise: $8.38Exp: 2013-04-10→ Common Stock (12,000 underlying) - Disposition to Issuer
Options
2011-06-01−6,000→ 0 totalExercise: $13.91Exp: 2015-04-15→ Common Stock (6,000 underlying)
Footnotes (1)
- [F1]These options, which include options that are currently exercisable and options not yet exerciseable, were cancelled in the merger between the issuer and API Technologies, Corp. in exchange for a cash payment equal to the difference between the per share exercise price of the option and $20.00 per share.