SPARTON CORP 4
4 · SPARTON CORP · Filed Sep 12, 2016
Insider Transaction Report
Form 4
SPARTON CORPSPA
Schneider Joseph Thomas
Sr. VP - Sales & Marketing
Transactions
- Award
Restricted Stock Units
2016-09-08+4,591→ 12,816 total→ Common Stock (4,591 underlying)
Holdings
- 1,000
Common Stock
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Sparton Corporation common stock. 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 will vest over a period of approximately four years, provided certain criteria are met, or automatically upon a change of control of Sparton Corporation.