HOEPER PAUL J 4
4 · TECHNOLOGY RESEARCH CORP · Filed May 18, 2011
Insider Transaction Report
Form 4
HOEPER PAUL J
Director
Transactions
- Sale
Common Stock
2011-05-18$7.20/sh−3,750$27,000→ 0 total - Disposition to Issuer
Non Qualified Stock Option
2011-05-18−7,500→ 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 $27,000.00 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 $17,475.00 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.