KEY TRONIC CORP 4
4 · KEY TRONIC CORP · Filed Oct 26, 2016
Insider Transaction Report
Form 4
KEY TRONIC CORPKTCC
Hochberg Philip Scott
Vice President
Transactions
- Exercise/Conversion
Common Stock
2016-10-24$6.30/sh+3,187$20,078→ 29,415 total - Tax Payment
Common Stock
2016-10-24$8.00/sh−967$7,736→ 28,448 total - Exercise/Conversion
Stock Appreciation Right
2016-10-24−15,000→ 0 totalExercise: $6.30From: 2015-01-26Exp: 2017-01-26→ Common Stock (15,000 underlying)
Holdings
- 100(indirect: By Son)
Common Stock
- 4,444(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The number of shares to be issued upon exercise of a Stock Appreciation Right (SAR) is determined by multiplying the number of SAR units being exercised by the difference between the fair market value on the exercise date ($8.00) and the exercise price ($6.30) divided by the fair market value on the exercise date. A portion of the shares are then withheld to satisfy the Company's tax withholding obligations.
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]Stock appreciation right granted pursuant to the Key Tronic Corporation 2010 Incentive Plan.