4//SEC Filing
SPARTON CORP 4
Accession 0001435766-14-000004
CIK 0000092679operating
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 6:08 PM ET
Size
9.7 KB
Accession
0001435766-14-000004
Insider Transaction Report
Form 4
SPARTON CORPSPA
Pearson Donald W
Sr. VP, CFO
Transactions
- Award
Restricted Stock Units
2014-09-15+9,977→ 9,977 total→ Common Stock (9,977 underlying) - Award
Common Stock
2014-09-15+15,000→ 15,000 total - Award
Stock Option
2014-09-15+13,147→ 13,147 totalExercise: $26.86Exp: 2024-09-15→ Common Stock (13,147 underlying)
Footnotes (4)
- [F1]The common stock is restricted and will vest over a period of approximately four years.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Sparton Corporation common stock or cash at the election of the Compensation Committee. 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.
- [F3]The Restricted Stock Units will vest over a period of approximately four years, provided certain performance criteria are met.
- [F4]The stock option will vest at a rate of 25% per year commencing on September 11, 2015, and 25% on each subsequent anniversary date until 100% vested. The option shares are exercisable as soon as they have vested.
Documents
Issuer
SPARTON CORP
CIK 0000092679
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000092679
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 6:08 PM ET
- Size
- 9.7 KB