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EASTERN CO — Director's Dealing 2008
Sep 15, 2008
33928_dirs_2008-09-15_057d2695-7472-4daa-8121-26261270c9c3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2008-09-11
Reporting Person: LEGANZA LEONARD F (Director, Chairman, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-09-11 | Common Stock | S | 6300 | $14.30 | Disposed | 106430 | Direct |
| 2008-09-11 | Common Stock | S | 4200 | $14.35 | Disposed | 102230 | Direct |
| 2008-09-11 | Common Stock | S | 400 | $14.40 | Disposed | 101830 | Direct |
| 2008-09-15 | Common Stock | S | 1177 | $14.30 | Disposed | 100653 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 1999-12-15 | Qualified employee stock option | $10.17 | A | 0 | Acquired | 2009-12-15 | Common Stock (19671) | Direct |
| 1999-12-15 | Non-qualified employee stock option | $10.17 | A | 0 | Acquired | 2009-12-15 | Common Stock (62829) | Direct |
| 2000-07-19 | Qualified employee stock option | $9.50 | A | 0 | Acquired | 2010-07-19 | Common Stock (48750) | Direct |
Footnotes
F1: On September 11, 2008, 6,300 shares sold on the open market for $14.30 per share.
F2: On September 11, 2008, 4,200 shares sold on the open market for $14.35 per share.
F3: On September 11, 2008, 400 shares sold on the open market for $14.40 per share.
F4: On September 15, 2008, 1,177 shares sold on the open market for $14.30 per share.
F5: Original 12/15/1999 option was for 13,114 shares at $15.25 per share. As a result of a 3-for-2 stock split effective
10/18/2006, this option is now 19,671 shares at $10.17 per share.
F6: Original 12/15/1999 option was for 41,886 shares at $15.25 per share. As a result of a 3-for-2 stock split effective
10/18/2006, this option is now 62,829 shares at $10.17 per share.
F7: The original 7/19/2000 option was for 32,500 shares at $14.25 per share. 7,017 shares were vested on 1/1/2001; 7,017 shares
were vested on 1/1/2002; 7,017 shares were vested on 1/1/2003; 7,017 shares were vested on 1/1/2004 and the remaining 4,432
shares vested on 1/1/2005. As a result of a 3-for2 stock split effective 10/18/2006, this option is now 48,750 shares at
$9.50 per share.