SPARTON CORP 4
4 · SPARTON CORP · Filed Oct 4, 2005
Insider Transaction Report
Form 4
SPARTON CORPSPA
SOBOLEWSKI MICHAEL DONALD
Vice President
Transactions
- Sale
Common Stock
2005-10-03$9.90/sh−3,000$29,700→ 5,957 total - Sale
Common Stock
2005-10-03$9.90/sh−1,000$9,900→ 0 total - Sale
Common Stock
2005-10-03$10.00/sh−2,000$20,000→ 3,957 total - Exercise/Conversion
Employee Stock Option (Right to Purchase)
2005-10-03−4,341→ 1,448 totalExercise: $6.06Exp: 2006-12-21→ Common Stock (4,341 underlying) - Exercise/Conversion
Common Stock
2005-10-03$7.19/sh+275$1,977→ 8,957 total - Exercise/Conversion
Employee Stock Option (Right to Purchase)
2005-10-03−275→ 276 totalExercise: $7.19Exp: 2013-04-25→ Common Stock (275 underlying) - Exercise/Conversion
Common Stock
2005-10-03$6.06/sh+4,341$26,306→ 4,341 total - Sale
Common Stock
2005-10-03$9.95/sh−2,957$29,422→ 1,000 total
Footnotes (6)
- [F1]The exercise price and number of shares have been adjusted to reflect the 5% stock dividends paid by the Issuer on February 18, 2003, December 19, 2003 and December 15, 2004, as applicable.
- [F2]The stock option was granted pursuant to the Amended and Restated Sparton Corporation Stock Incentive Plan dated October 24, 2001.
- [F3]The stock options are exercisable in four equal cumulative annual installments, commencing on 12/21/02
- [F4]The stock options are exercisable in four equal cumulative annual installments, commencing on 8/23/03
- [F5]The stock options are exercisable in four equal cumulative annual installments, commencing on 4/25/04
- [F6]The stock option was granted pursuant to an employee stock incentive plan and for no consideration other than services as an employee.