SEC Form 4 · accession 0000899243-16-011014
BREEZE-EASTERN CORP · BZC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Serge Dupuis
Officer — CFO AND TREASURER
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 9:24 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000099359
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Jan 4, 2016 | D | 1,787 | $19.61 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONF2 | $6.83 | Jan 4, 2016 | D | 200,000 | D | — | Jun 16, 2024 | COMMON STOCK | 200,000 | 0 | D |
| STOCK OPTIONF2 | $9.20 | Jan 4, 2016 | D | 40,000 | D | — | May 28, 2026 | COMMON STOCK | 40,000 | 0 | D |
Explanation of responses
- F1This common stock was cancelled in exchange for a cash payment calculated by multiplying the number of shares cancelled by $19.61 per share (less any applicable withholding).
- F2This option was cancelled in exchange for a cash payment calculated by the product of the number of shares covered by the option multiplied by the amount per share by which the per share amount of $19.61 exceeds the exercise price per share under this option (less any applicable withholding).