AI assistant
EASTERN CO — Director's Dealing 2009
Nov 2, 2009
33928_dirs_2009-11-02_64a08261-196c-455a-b1e1-69249ce24807.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: 2009-10-30
Reporting Person: SULLIVAN JOHN L III (Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-10-30 | Common Stock | S | 1000 | $16.15 | Disposed | 20250 | Direct |
| 2009-10-30 | Common Stock | S | 1100 | $16.25 | Disposed | 19150 | Direct |
| 2009-11-02 | Common Stock | S | 400 | $16.00 | Disposed | 18750 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 1999-12-15 | Non-qualified employee stock option | $10.17 | A | 0 | Acquired | 2009-12-15 | Common Stock (7500) | Direct |
| 2000-07-19 | Qualified employee stock option | $9.50 | A | 0 | Acquired | 2010-07-19 | Common Stock (30000) | Direct |
| 2001-04-26 | Qualified employee stock option | $9.6 | A | 0 | Acquired | 2011-04-26 | Common Stock (22500) | Direct |
Footnotes
F1: On October 30, 2009, 1,000 shares sold on the open market for $16.15 per share.
F2: On October 30, 2009, 1,100 shares sold on the open market for $16.25 per share.
F3: On November 2, 2009, 400 shares sold on the open market for $16.00 per share.
F4: Original 12/15/1999 option was for 10,000 shares at $15.25 per share. As a result of a 3-for-2 stock split effective
10/18/2006 this option is now for 15,000 shares at $10.17 per share. On July 6, 2009, 2,500 shares were exercised, on
September 1, 2009 2,500 shares were exercised and on September 25, 2009 2,500 shares were exercised at $10.17 per share
leaving a balance of 7,500 shares.
F5: Original 7/19/2000 option was for 20,000 shares at $14.25 per share. 4,810 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, and the remaining 1,156 shares were vested on 1/1/2004. As a
result of a 3-for-2 stock split effective 10/18/2006 this option is now for 30,000 shares at $9.50 per share.
F6: Original 4/26/2001 option was for 15,000 shares at $14.40 per share. 5,800 shares were vested on 1/1/2004; 6,944 shares were
vested on 1/1/2005, and the remaining 2,256 shares were vested on 1/1/2006. As a result of a 3-for-2 stock split effective
10/18/2006 this option is now for 22,500 shares at $9.60 per share.