GT Advanced Technologies Inc. 4
4 · GT Advanced Technologies Inc. · Filed Jul 3, 2014
Insider Transaction Report
Form 4
KIM HO IL
V.P. and General Counsel
Transactions
- Exercise/Conversion
Common Stock, par value $.01
2014-07-01$5.44/sh+2,789$15,172→ 51,296 total - Sale
Common Stock, par value $.01
2014-07-01$19.07/sh−3,516$67,063→ 44,991 total - Sale
Common Stock, par value $.01
2014-07-01$19.07/sh−2,789$53,187→ 48,507 total - Exercise/Conversion
Stock Option (right to buy)
2014-07-01−2,789→ 0 totalExercise: $5.44Exp: 2020-06-02→ Common Stock, par value $.01 (2,789 underlying)
Footnotes (2)
- [F1]These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on December 16, 2013, in order to implement a plan of financial diversification. Accordingly, the reporting person had no discretion with regard to the timing of the transaction. All sales by the reporting person are subject to the issuer's equity ownership requirements.
- [F2]Of these options, one fourth vested on June 2, 2011, the first anniversary of the date of grant, and the balance vest in equal montly installments of 1/48th of total each month subsequent to June 2011.