GIGA TRONICS INC 4
4 · GIGA TRONICS INC · Filed Aug 13, 2014
Insider Transaction Report
Form 4
GIGA TRONICS INCGIGA
GARRETTSON GARRETT A
Director
Transactions
- Sale
Common Stock
2014-08-08$2.06/sh−14,530$29,932→ 70,970 total - Exercise/Conversion
Employee stock option (right to buy)
2014-08-08−15,000→ 70,000 totalExercise: $1.95Exp: 2014-08-18→ Common (15,000 underlying) - Exercise/Conversion
Common Stock
2014-08-08$1.95/sh+15,000$29,250→ 85,500 total
Footnotes (2)
- [F1]Represents exercises of exempt option. The option was granted on August 18, 2009 and was fully exercisable on August 08, 2014. The option is set to expire on August 18, 2014.
- [F2]The sale of the related shares covered the cost of exercising the option.