SPARTON CORP 4
4 · SPARTON CORP · Filed Dec 13, 2006
Insider Transaction Report
Form 4
SPARTON CORPSPA
FAST JAMES D
Director
Transactions
- Tax Payment
Common Stock
2006-12-11$8.76/sh−1,601$14,025→ 2,287 total - Exercise/Conversion
Common Stock
2006-12-11$5.77/sh+2,431$14,027→ 3,888 total - Exercise/Conversion
Employee Stock Option (Right to Purchase)
2006-12-11−2,431→ 0 totalExercise: $5.77From: 2002-12-21Exp: 2006-12-21→ Common Stock (2,431 underlying)
Footnotes (5)
- [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, December 15, 2004, and January 13, 2006 as applicable.
- [F2]Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
- [F3]The stock option was granted pursuant to the Amended and Restated Sparton Corporation Stock Incentive Plan dated October 24, 2001.
- [F4]The stock options are exercisable in four equal cumulative annual installments, commencing on 12/21/02
- [F5]The stock option was granted pursuant to an employee stock incentive plan and for no consideration other than services as an employee.