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RESEARCH FRONTIERS INC — Director's Dealing 2011
Feb 14, 2011
34569_dirs_2011-02-14_9701c2b1-9f41-4d7c-ab2e-b97719befe90.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RESEARCH FRONTIERS INC (REFR)
CIK: 0000793524
Period of Report: 2011-02-10
Reporting Person: HARARY JOSEPH M (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-08 | Common Stock | F | 45730 | $3.69 | Acquired | 261344 | Direct |
| 2011-02-10 | Common Stock | S | 24000 | $8.65 | Disposed | 237344 | Direct |
| 2011-02-14 | Common Stock | S | 10000 | $8.1 | Acquired | 227344 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-08 | Stock Option (right to buy) | $3.69 | M | 75000 | Disposed | 2019-12-31 | Common Stock (75000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 97560 | Indirect |
Footnotes
F1: On February 10, 2011, in a privately negotiated transaction, Mr. Harary sold 24,000 shares of common stock to company Vice President-Business Development and CFO Seth Van Voorhees
F2: Represents payment of $276,750 exercise price of options to purchase 75,000 shares at an exercise price of $3.69 per share by delivery of cash and reduction of securities issued by 29,270 shares, resulting in a net issuance of 45,730 shares.
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