REMEC INC 4
4 · REMEC INC · Filed May 24, 2005
Insider Transaction Report
Form 4
REMEC INCREMC
WILKINS DONALD J
SVP, General Counsel & Sec.
Transactions
- Tax Payment
Common Stock
2005-05-20−18,179→ 0 total - Other
Redemption Stock
2005-05-20−47,980→ 0 total - Other
Common Stock
2005-05-20+7,456→ 7,456 total(indirect: By 401(k)) - Other
Redemption Stock
2005-05-20−16,719→ 0 total(indirect: By 401(k)) - Other
Common Stock
2005-05-20−66,159→ 0 total - Other
Common Stock
2005-05-20+21,399→ 21,399 total - Other
Common Stock
2005-05-20−16,719→ 0 total(indirect: By 401(k))
Footnotes (6)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7, each share of common stock outstanding at the close of trading on the Nasdaq National Market on May 20, 2005 was converted into 0.446 of a share of common stock and one share of redemption stock.
- [F2]Shares withheld to pay withholding taxes.
- [F3]Not applicable.
- [F4]The reported securities were automatically redeemed by the issuer at a price of $2.80 per share.
- [F5]Includes all shares of the issuer common stock that may be issued upon vesting of the restricted stock units acquired by the reporting person.
- [F6]The issuer stock in the REMEC 401(k) plan is held in a "unitized fund" that also includes short term investments. The number of shares reported represents the "equivalent shares" of the issuer stock based upon the daily closing price.