FINLEY MICHAEL F 4
4 · CPI INTERNATIONAL, INC. · Filed May 1, 2006
Insider Transaction Report
Form 4
FINLEY MICHAEL F
Director
Transactions
- Sale
Common Stock, $0.01 per share
2006-04-27$16.74/sh−4,109,435$68,791,942→ 8,868,738 total(indirect: Shares owned by certain funds) - Award
Common Stock, $0.01 per share
2006-04-27+3,333→ 3,333 total
Footnotes (4)
- [F1]Consists of 8,429,065 shares owned by Cypress Merchant Banking Partners II L.P., 358,332 shares owned by Cypress Merchant B II C.V. and 81,341 shares owned by 55th Street Partners II L.P. (collectively, the ''Cypress Funds''). Mr. Finley is a member of the investment committee that exercises voting control over the shares owned by the Cypress Funds and therefore may be deemed to share beneficial ownership of the shares owned by the Cypress Funds. Mr. Finley disclaims beneficial ownership of the shares owned by the Cypress Funds, except to the extent of his pecuniary interest therein.
- [F2]The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, any Reporting Person is the beneficial owner of equity securities (other than those described in this statement as directly owned by such Reporting Person).
- [F3]Represents restricted stock grant to directors pursuant to issuer's 2006 Equity and Performance Incentive Plan.
- [F4]33 1/3% of the shares vest on the day before the first annual stockholders meeting after the date of grant; 33 1/3% of the shares vest on the day before the second annual stockholders meeting after the date of grant; and 33 1/3% of the shares vest on the day before the third annual stockholders meeting after the date of grant