MCMAHON KENNETH J 4
4 · AVALON HOLDINGS CORP · Filed Nov 13, 2018
Insider Transaction Report
Form 4
MCMAHON KENNETH J
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2018-11-09$2.48/sh+15,000$37,200→ 15,000 total - Exercise/Conversion
Stock Options (Right to Buy)
2018-11-09−15,000→ 135,000 totalExercise: $2.48From: 2010-03-01Exp: 2020-03-01→ Class A Common Stock (15,000 underlying) - Sale
Common Stock
2018-11-09$4.50/sh−15,000$67,500→ 0 total
Footnotes (3)
- [F1]The shares sold were acquired contemporaneously upon the cashless exercise of a stock option at an exercise price of $2.48 per share.
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting person on August 28, 2018.
- [F3]The date indicated is the grant date and the options vest in five equal installments beginning one year from the grant date. At the end of each vesting period, the Avalon Holdings Corporation Class A common stock must reach a predetermined market price within three years before the vested options are exercisable.