SEC Form 4 · accession 0001185185-19-000123
FREQUENCY ELECTRONICS INC · FEIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin B Bloch
Officer — Exec. Chairman of the Board · Director
Period of report
Jan 26, 2019
Accepted (ET)
Jan 29, 2019 · 2:30 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 | Jan 26, 2019 | M | 12,000 | $3.15 | A | 12,000 | D | |
| Common Stock | Jan 26, 2019 | F | 3,256 | $11.61 | D | 8,744 | 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 | Jan 26, 2019 | M | 12,000 | D | Jan 29, 2009 | Jan 28, 2019 | Common Stock | 12,000 | 321,000 | D |
Explanation of responses
- F1The Reporting Person performed a cashless exercise of a Stock Option based on 12,000 shares of Frequency Electronics common stock, receiving 8,744 which is equivalent to the appreciated value of the common stock since the grant date.