SEC Form 4 · accession 0001185185-18-001828
FREQUENCY ELECTRONICS INC · FEIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven E Strang
Officer — President FEI-Zyfer, Inc.
Period of report
Oct 9, 2018
Accepted (ET)
Oct 11, 2018 · 2:14 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 | Oct 9, 2018 | M | 3,000 | $2.74 | A | 3,000 | D | |
| Common Stock | Oct 9, 2018 | F | 775 | $10.62 | D | 2,225 | 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 | $2.74 | Oct 9, 2018 | M | 3,000 | D | Dec 22, 2008 | Dec 22, 2018 | Common Stock | 3,000 | 64,000 | D |
Explanation of responses
- F1The Reporting Person performed a cashless exercise of a Stock Option based on 3,000 shares of Frequency Electronics common stock, receiving 2,225 which is equivalent to the appreciated value of the common stock since the grant date.