Madlock Gordon B 4
4 · SPARTON CORP · Filed Jun 14, 2012
Insider Transaction Report
Form 4
SPARTON CORPSPA
Madlock Gordon B
Sr. Vice President. Operations
Transactions
- Exercise/Conversion
Common Stock
2012-06-12$5.00/sh+4,848$24,240→ 35,409 total - Sale
Common Stock
2012-06-12$9.25/sh−4,848$44,846→ 30,561 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-06-12−4,848→ 0 totalExercise: $5.00From: 2009-11-20Exp: 2012-11-20→ Common Stock (4,848 underlying)
Footnotes (2)
- [F1]The shares were acquired pursuant to the exercise of options set to expire on November 20, 2012.
- [F2]The shares were sold in part for payment of: (i) the exercise price for options issued to reporting person set to expire on November 20, 2012 and (ii) tax withholding obligations related to the exercise of these options.