SEC Form 4 · accession 0001185185-15-000857
FREQUENCY ELECTRONICS INC · FEIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oleandro Mancini
Officer — Senior Vice President
Period of report
Apr 6, 2015
Accepted (ET)
Apr 8, 2015 · 3:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 6, 2015 | M | 10,000 | $11.22 | A | 13,166 | D | |
| Common Stock | Apr 6, 2015 | F | 8,107 | $13.84 | D | 5,059 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1 | $11.22 | Apr 6, 2015 | M | 10,000 | D | Apr 25, 2006 | Apr 25, 2015 | Common Stock | 10,000 | 100,000 | D |
Explanation of responses
- F1The Reporting Person performed a cashless exercise of a Stock Option based on 10,000 shares of Frequency Electronics common stock, receiving 1,893 shares which is equivalent to the appreciated value of the common stock since the grant date.