COMPUDYNE CORP 4

4 · COMPUDYNE CORP · Filed Sep 14, 2007

Form 4

Period: 2007-09-12

Director

Transactions

Tax Payment
Common Stock
2007-09-13$7.00/sh−178$1,246→ 4,646 total
Tax Payment
Common Stock
2007-09-13$7.00/sh−7,328$51,296→ 4,324 total
Exercise/Conversion
Common Stock
2007-09-13$5.19/sh+500$2,594→ 2,022 total
Tax Payment
Common Stock
2007-09-13$7.00/sh−9,857$68,999→ 143 total
Exercise/Conversion
Common Stock
2007-09-13$6.90/sh+10,000$69,000→ 10,000 total
Tax Payment
Common Stock
2007-09-13$7.00/sh−370$2,590→ 1,652 total
Disposition from Tender
Common Stock
2007-09-12$7.00/sh−20,866$146,062→ 0 total
Tax Payment
Common Stock
2007-09-13$7.00/sh−8,621$60,347→ 1,522 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-09-13−10,000→ 0 total
Exercise: $5.13Exp: 2017-05-22→ Common Stock (10,000 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-09-13−500→ 0 total
Exercise: $2.50Exp: 2008-10-25→ Common Stock (500 underlying)

Footnotes (3)

[F1]Cashless exercise of stock options pursuant to Tender Offering price of $7.00 per share.
[F2]Pursuant to the Stock Option Plan for Non-Employee Directors and a change in control resulting from a merger agreement among issuer, Patriot Acquisition Corp., and Gores Patriot Holdings, all outstanding options vested and became exercisable on September 12, 2007.
[F3]Cashless exercise of stock options pursuant to close of Tender Offer with an offering price of $7.00 per share.

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