SEC Form 4 · accession 0001185185-15-000872
FREQUENCY ELECTRONICS INC · FEIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven E Strang
Officer — President FEI-Zyfer
Period of report
Apr 8, 2015
Accepted (ET)
Apr 10, 2015 · 11:19 am 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 8, 2015 | M | 5,000 | $12.59 | A | 5,000 | D | |
| Common Stock | Apr 8, 2015 | F | 4,481 | $14.05 | D | 519 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $12.59 | Apr 8, 2015 | M | 5,000 | D | Jun 24, 2006 | Jun 24, 2015 | Common Stock | 5,000 | 65,000 | D |
Explanation of responses
- F1The Reporting Person performed a cashless exercise of a Stock Option to acquire 5,000 shares of Frequency Electronics common stock, receiving 519 shares which is equivalent to the appreciated value of the common stock since the grant date.