WARD BRIAN F 4
4 · SPECTRUM CONTROL INC · Filed Jun 6, 2011
Insider Transaction Report
Form 4
WARD BRIAN F
Vice President
Transactions
- Disposition to Issuer
Options
2011-06-01−21,000→ 0 totalExercise: $5.75Exp: 2014-01-07→ Common Stock (21,000 underlying) - Disposition to Issuer
Options
2011-06-01−6,300→ 0 totalExercise: $12.72Exp: 2015-06-01→ Common Stock (6,300 underlying) - Disposition to Issuer
Incentive Stock Options
2011-06-01−15,000→ 0 totalExercise: $15.00Exp: 2012-12-03→ Common Stock (15,000 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.