1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Option (Right to Purchase)
(2)
|
12/21/2002(3)
|
12/21/2006 |
Common Stock
|
1,216
(6)
|
$
5.77
(6)
|
D
|
Â
|
Employee Stock Option (Right to Purchase)
(2)
|
04/25/2004(4)
|
04/25/2013 |
Common Stock
|
2,894
(6)
|
$
6.85
(6)
|
D
|
Â
|
Employee Stock Option (Right to Purchase)
(2)
|
04/22/2006(5)
|
04/22/2015 |
Common Stock
|
5,250
(6)
|
$
9
(6)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
The number of shares have been adjusted to reflect the 5% stock dividends paid by the Issuer on February 18, 2003, December 19, 2003, December 15, 2004, and January 13, 2006 as applicable. |
(2) |
The stock option was granted pursuant to the Amended and Restated Sparton Corporation Stock Incentive Plan dated October 24, 2001. |
(3) |
The stock options are exercisable in four equal cumulative annual installments, commencing on 12/21/02 |
(4) |
The stock options are exercisable in four equal cumulative annual installments, commencing on 4/25/04 |
(5) |
The stock options are exercisable in four equal cumulative annual installments, commencing on 4/22/06 |
(6) |
The exercise price and number of shares have been adjusted to reflect the 5% stock dividends paid by the Issuer on February 18, 2003, December 19, 2003, December 15, 2004, and January 13, 2006 as applicable. |