MAIR HOLDINGS INC 4
4 · MAIR HOLDINGS INC · Filed Jun 22, 2005
Insider Transaction Report
Form 4
POERSTEL WILLIAM T
Other
Transactions
- Disposition to Issuer
Common Stock
2005-06-20$9.45/sh−7,500$70,875→ 0 total - Exercise/Conversion
Common Stock
2005-06-20$7.80/sh+7,500$58,500→ 0 total - Exercise/Conversion
Stock Appreciation Right
2005-06-20−7,500→ 22,500 totalExercise: $7.80From: 2005-06-04Exp: 2014-06-04→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Represents the exercise of stock appreciation rights for cash. No shares were issued or sold in the transaction.
- [F2]Exercisable with respect to 25% of the shares on such date and with respect to an additional 25% on the second through fourth anniversaries of the date of grant.