Sapack Kenneth 4
4 · EASTERN CO · Filed Oct 28, 2010
Insider Transaction Report
Form 4
EASTERN COEML
Sapack Kenneth
Chief Accounting Officer
Transactions
- Exercise/Conversion
Qualified employee stock option
2010-10-28−7,500→ 0 totalExercise: $9.60From: 2002-01-01Exp: 2011-04-26→ Common Stock (7,500 underlying) - Exercise/Conversion
Common Stock
2010-10-28$9.60/sh+7,500$72,000→ 7,500 total
Footnotes (2)
- [F1]7,500 shares were exercised on October 28, 2010 at $9.60 per share by Mr. Sapack. The original 4/26/2001 option was for 5,000 shares at $14.40 per share. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now for 7,500 shares at $9.60 per share.
- [F2]The original 4/26/2001 option was for 5,000 shares at $14.40 per share. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now for 7,500 shares at $9.60 per share. On October 28, 2010 7,500 shares were exercised at $9.60 per share, leaving a zero balance.