Smith Jeffrey W 4
4 · BLONDER TONGUE LABORATORIES INC · Filed Nov 30, 2018
Insider Transaction Report
Form 4
Smith Jeffrey W
Vice President - Sales
Transactions
- Tax Payment
Common Stock, par value $0.001
2018-11-28$0.55/sh−5,851$3,218→ 46,649 total - Exercise/Conversion
Employee Stock Option (right to buy)
2018-11-28+12,500→ 25,000 totalExercise: $0.55Exp: 2027-04-14→ Common Stock par value $0.001 (12,500 underlying) - Exercise/Conversion
Common Stock, par value $0.001
2018-11-28$0.55/sh+12,500$6,875→ 52,500 total
Footnotes (2)
- [F1]Represents a "net exercise" of the identified stock option. The reporting person received 6,649 shares of common stock on net exercise of an option to purchase 12,500 shares of common stock, with 5,851 shares of common stock underlying the option withheld in satisfaction of the exercise price of the option.
- [F2]The stock option covers 37,500 shares of common stock and vests in three equal installments of one-third each on the first, second and third anniversary of April 4, 2017, the date of grant.