4//SEC Filing
SPARTON CORP 4
Accession 0001643254-15-000012
CIK 0000092679operating
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 9:19 PM ET
Size
8.0 KB
Accession
0001643254-15-000012
Insider Transaction Report
Form 4
SPARTON CORPSPA
Ratliff Christopher A.
VP - Info. Technology
Transactions
- Award
Restricted Stock Units
2015-09-10+2,969→ 4,661 total→ Common Stock (2,969 underlying) - Purchase
Stock Option
2015-09-10+3,983→ 6,213 totalExercise: $23.02Exp: 2025-09-10→ Common Stock (3,983 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Sparton Corporation common stock or cash at the election of the Compensation Committee. Reporting person will forfeit the Restricted Stock Unit at the end of the performance period if some or all of the units do not vest.
- [F2]The Restricted Stock Units vest over a period of approximately four years, provided certain performance criteria are met.
- [F3]The stock option will vest at a rate of 25% per year commencing on September 10, 2016, and 25% on each subsequent anniversary date until 100% vested. The option shares are exercisable as soon as they have vested.
Documents
Issuer
SPARTON CORP
CIK 0000092679
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000092679
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 9:19 PM ET
- Size
- 8.0 KB