AI assistant
EASTERN CO — Director's Dealing 2008
Jan 2, 2008
33928_dirs_2008-01-02_2127419d-07ae-4b09-bbd9-61cbd91c7202.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2007-12-28
Reporting Person: LEGANZA LEONARD F (Director, Chairman, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-12-28 | Common Stock | S | 24100 | $18.00 | Disposed | 73674 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 1998-09-09 | Qualified employee stock option | $9.33 | A | 0 | Acquired | 1998-09-09 | Common Stock (10712.25) | Direct |
| 1998-09-09 | Non-qualified employee stock option | $9.33 | A | 0 | Acquired | 1998-09-09 | Common Stock (56787.75) | Direct |
| 1999-12-15 | Qualified employee stock option | $10.17 | A | 0 | Acquired | 1999-12-15 | Common Stock (19671) | Direct |
| 1999-12-15 | Non-qualified employee stock option | $10.17 | A | 0 | Acquired | 1999-12-15 | Common Stock (62829) | Direct |
| 2000-07-19 | Qualified employee stock option | $9.50 | A | 0 | Acquired | 2000-07-19 | Common Stock (48750) | Direct |
Footnotes
F1: December 28, 2007, 24,100 shares sold on the open market for $18.00 per share to provide for the taxes generated by the
exercise of the non-qualified stock options.
F2: Original 9/9/1998 option was for 4,761 shares at $21.00 per share. As a result of a 3-for-2 stock split effective 5/28/1999
and a 3-for-2 stock split effective 10/18/2006, this option is now 10,712.25 shares at $9.33 per share.
F3: Original 9/9/1998 option was for 25,239 shares at $21.00 per share. As a result of a 3-for-2 stock split effective 5/28/1999
and a 3-for-2 stock split effective 10/18/2006, this option is now 56,787.75 shares at $9.33 per share.
F4: 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.
F5: 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.
F6: 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.