SEC Form 4 · accession 0001185185-18-002188
FREQUENCY ELECTRONICS INC · FEIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oleandro Mancini
Officer — Sr. Vice President
Period of report
Dec 13, 2018
Accepted (ET)
Dec 17, 2018 · 4:29 pm EST
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 | Dec 13, 2018 | M | 6,000 | $3.15 | A | 6,000 | D | |
| Common Stock | Dec 13, 2018 | F | 1,612 | $11.73 | D | 4,388 | 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 | $3.15 | Dec 13, 2018 | M | 6,000 | D | Jan 29, 2010 | Jan 28, 2019 | Common Stock | 6,000 | 89,000 | D |
Explanation of responses
- F1The reporting Person exercised a Stock Appreciation Right based on 6,000 shares of Frequency Electronics common stock, receiving 4,388 shares which is equivalent to the appreciated value of the common stock since the grant date.