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DUCOMMUN INC /DE/ — Director's Dealing 2017
Jan 26, 2017
31979_dirs_2017-01-25_159ee95e-bb6f-4ccb-b0ef-d96539791dea.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DUCOMMUN INC /DE/ (DCO)
CIK: 0000030305
Period of Report: 2017-01-23
Reporting Person: Oswald Stephen G (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-23 | Common Stock | A | 21000 | $0.00 | Acquired | 21000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-23 | Option - Right to Buy | $29.53 | A | 28000 | Acquired | 2024-01-22 | Common Stock (28000) | Direct |
| 2017-01-23 | Performance Rights | $ | A | 80000 | Acquired | 2024-01-22 | Common Stock (80000) | Direct |
Footnotes
F1: The option represents the right to purchase common stock granted under the Ducommun Incorporated Employee Stock Option Plans, which are Rule 16b-3plans.
F2: The option will vest in four equal installments on January 23, 2018, 2019, 2020 and 2021.
F3: Each performance right represents a contingent right to receive one share of Ducommun common stock. One-third of the performance rights vest when the average of the closing price of Ducommun's common stock on the New York Stock Exchange over a period of 30 consecutive trading days exceeds $42.21, $56.28 and $70.35, respectively.