4//SEC Filing
SPARTON CORP 4
Accession 0001435766-15-000010
CIK 0000092679operating
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 5:47 PM ET
Size
9.6 KB
Accession
0001435766-15-000010
Insider Transaction Report
Form 4
SPARTON CORPSPA
Pearson Donald W
Sr. VP, CFO
Transactions
- Disposition to Issuer
Common Stock
2015-06-08−15,000→ 3,000 total - Disposition to Issuer
Stock Option
2015-06-08−13,455→ 0 totalExercise: $0.00Exp: 2024-09-15→ Common Stock (13,455 underlying) - Disposition to Issuer
Restricted Stock Units
2015-06-08−10,209→ 0 total→ Common Stock (10,209 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Sparton Corporation common stock or cash at the election of the Compensation Committee. Reporting person will forfeit the Restricted Stock Unit at the end of the performance period if some or all of the units do not vest.
- [F2]The Restricted Stock Units vest over a period of approximately four years, provided certain performance criteria are met.
- [F3]The stock option vests at a rate of 25% per year commencing on September 15, 2015, and 25% on each subsequent anniversary date until 100% vested. The option shares are exercisable as soon as they have vested.
Documents
Issuer
SPARTON CORP
CIK 0000092679
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000092679
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 5:47 PM ET
- Size
- 9.6 KB