DRS TECHNOLOGIES INC 4
4 · DRS TECHNOLOGIES INC · Filed Oct 1, 2007
Insider Transaction Report
Form 4
NEWMAN MARK S
DirectorChairman, President & CEO
Transactions
- Sale
Common Stock
2007-09-28$54.69/sh−100$5,469→ 231,941 total - Sale
Common Stock
2007-09-28$54.80/sh−200$10,960→ 231,341 total - Sale
Common Stock
2007-09-28$54.79/sh−300$16,437→ 231,541 total - Exercise/Conversion
Stock Option (Right to Buy)
2007-09-28−25,000→ 40,000 totalExercise: $11.00Exp: 2008-10-25→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2007-09-28$11.00/sh+25,000$275,000→ 232,041 total - Sale
Common Stock
2007-09-28$54.94/sh−400$21,976→ 229,341 total - Sale
Common Stock
2007-09-28$54.96/sh−500$27,480→ 228,741 total - Sale
Common Stock
2007-09-28$55.00/sh−600$33,000→ 227,441 total
Footnotes (3)
- [F1]Includes: 13,000 shares of restricted stock granted on July 6, 2005 that vest on July 6, 2008; 19,034 shares of restricted stock granted on June 16, 2006 that vest on June 16, 2009; 25,782 shares of restricted stock granted on June 15, 2007 that vest on June 15, 2010; 4,800 shares held as custodian for daughter, as to which reporting person disclaims beneficial ownership; and 50,000 shares, the receipt of which has been deferred by reporting person.
- [F2]Option to buy 180,000 shares granted on October 26, 1998 exercisable on the first four anniversaries of the date of grant at 25% per year.
- [F3]Option to buy for which no consideration was paid by reporting person.