SEC Form 4 · accession 0000719733-15-000031
KEY TRONIC CORP · KTCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Bean
Director
Period of report
May 13, 2015
Accepted (ET)
May 14, 2015 · 2:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719733
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 13, 2015 | M | 7,487 | $5.89 | A | 7,487 | D | |
| Common StockF1 | May 13, 2015 | F | 2,097 | $11.76 | D | 5,390 | 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 RightF2 | $5.89 | May 13, 2015 | M | 15,000 | D | May 14, 2013 | May 14, 2015 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The number of shares to be issued upon exercise of a stock appreciation right (SAR) is determined by multiplying the number of SAR units being exercised by the difference between the fair market value on the date of exercise ($11.76) and the exercise price ($5.89). A portion of the shares are then withheld to satisfy tax obligations.
- F2Stock appreciation right granted pursuant to the Key Tronic Corporation 2010 Incentive Plan.