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4//SEC Filing

NIXON CLYDE G 4

Accession 0001355892-07-000005

CIK 0001024795other

Filed

Jun 20, 8:00 PM ET

Accepted

Jun 21, 12:46 PM ET

Size

5.9 KB

Accession

0001355892-07-000005

Insider Transaction Report

Form 4
Period: 2007-06-19
NIXON CLYDE G
DirectorChairman of the Board
Transactions
  • Award

    Common Stock

    2007-06-19$22.51/sh+44$99013,399 total
Footnotes (2)
  • [F1]Represents an additional $1,000 worth of Sun common stock issuable under an amendment to the 2004 Nonemployee Director Equity and Deferred Compensation Plan approved by the Board of Directors in September 2006 regarding compensation of each nonemployee director for each subsequent board meeting (in addition to the $1,500 worth of common stock otherwise issuable under the plan prior to its amendment), which amendment was subject to shareholder approval at the 2007 annual meeting, as follows: 44 shares of common stock with respect to the board meeting held on March 3, 2007. The amendment to the plan was approved by the shareholders on June 19, 2007. The reporting person ceased being an employee on January 1, 2007, and passed away on April 29, 2007. Therefore, there was only the March board meeting for which he was entitled to receive shares under the Plan.
  • [F2]Based on the average of the high and low sales prices for the stock on the date of the applicable board meeting.

Issuer

SUN HYDRAULICS CORP

CIK 0001024795

Entity typeother

Related Parties

1
  • filerCIK 0001223466

Filing Metadata

Form type
4
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 12:46 PM ET
Size
5.9 KB