FREEMAN JON BRADLEY 4
4 · TECHNOLOGY RESEARCH CORP · Filed May 18, 2011
Insider Transaction Report
Form 4
FREEMAN JON BRADLEY
VP, Operations
Transactions
- Sale
Common Stock
2011-05-18$7.20/sh−14,061$101,239→ 5,222 total - Sale
Restricted Common Stock
2011-05-18$7.20/sh−5,222$37,598→ 0 total - Disposition to Issuer
Non Qualified Stock Option
2011-05-18−49,033→ 0 totalExercise: $7.20→ Common Stock
Footnotes (2)
- [F1]This restricted common stock was canceled in the merger in exchange for a cash payment of $37,598.40 representing the product of (i) the excess, if any, of $7.20 over the grant price of the restricted shares by (ii) the number of shares, less any applicable deductions and witholdings required by law.
- [F2]This option was canceled in the merger in exchange for a cash payment of $215,801.50 representing the product of (i) the excess, if any, of $7.20 over the grant price of the restricted shares by (ii) the number of shares, less any applicable deductions and witholdings required by law.