SCHWARTZ RICHARD exercised options at FREQUENCY ELECTRONICS INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/27/2021ACC: 0001185185-21-001533
-7.18K
Net shares
Net seller
$72.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
10K acquired · 17.18K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+10K
Price / share
$7.25
Trade value
$72.50K
% of position
15.7%
10/25/2021
63.61K→73.61K
Common Stock
Direct
Shares
−7.18K
Price / share
$10.10
Trade value
$72.51K
% of position
9.8%
10/25/2021
73.61K→66.43K
Total
Net shares
+2.82K
Net value
-$7.90
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/25/2021 | M · Option Exercise | +10K | $7.25 | $72.50K | 15.7% | 63.61K | 73.61K |
| Common Stock Direct | 10/25/2021 | F · Tax Withholding | −7.18K | $10.10 | $72.51K | 9.8% | 73.61K | 66.43K |
| Total | +2.82K | -$7.90 | ||||||
Derivative Transactions1
Stock Appreciation Rights
Direct
Converts to
Common Stock
10K shares
Shares
−10K
Strike price
7.25
Held after
30K
Exercisable
—
10/26/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights Direct | Common Stock10K shares | 10/26/2021 | M · Option Exercise | −10K | 7.25 | — | 30K |