0001140361-10-029485.txt : 20100715
0001140361-10-029485.hdr.sgml : 20100715
20100715143111
ACCESSION NUMBER: 0001140361-10-029485
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20100713
FILED AS OF DATE: 20100715
DATE AS OF CHANGE: 20100715
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sapack Kenneth
CENTRAL INDEX KEY: 0001383990
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-00599
FILM NUMBER: 10954057
MAIL ADDRESS:
STREET 1: 132 GOOD HILL ROAD
CITY: WOODBURY
STATE: CT
ZIP: 06798
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EASTERN CO
CENTRAL INDEX KEY: 0000031107
STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420]
IRS NUMBER: 060330020
STATE OF INCORPORATION: CT
FISCAL YEAR END: 0102
BUSINESS ADDRESS:
STREET 1: 112 BRIDGE ST
STREET 2: P O BOX 460
CITY: NAUGATUCK
STATE: CT
ZIP: 06770
BUSINESS PHONE: 2037292255
MAIL ADDRESS:
STREET 1: 112 BRIDGE STREET
STREET 2: P O BOX 460
CITY: NAUGATUCK
STATE: CT
ZIP: 06770
4
1
doc1.xml
FORM 4
X0303
4
2010-07-13
0
0000031107
EASTERN CO
EML
0001383990
Sapack Kenneth
112 BRIDGE STREET
NAUGATUCK
CT
06770
0
1
0
0
Chief Accounting Officer
Common Stock
2010-07-13
4
S
0
100
13.85
D
6200
D
Common Stock
2010-07-13
4
S
0
600
13.90
D
5600
D
Common Stock
2010-07-13
4
S
0
50
14.02
D
5550
D
Common Stock
2010-07-13
4
S
0
121
14.16
D
5429
D
Common Stock
2010-07-15
4
M
0
4450
9.50
A
9879
D
Qualified employee stock option
9.50
2010-07-15
4
M
0
4450
0
D
2010-07-19
Common Stock
4450
0
D
Qualified employee stock option
9.60
2001-04-26
4
A
0
0
0
A
2002-01-01
2011-04-26
Common Stock
7500
7500
D
On July 13, 2010, 100 shares sold on the open market for $13.85 per share.
On July 13, 2010, 600 shares sold on the open market for $13.90 per share.
On July 13, 2010, 50 shares sold on the open market for $14.02 per share.
On July 13, 2010, 121 shares sold on the open market for $14.16 per share.
4,450 shares were exercised on July 15, 2010 at $9.50 per share. The original 7/19/2000 option was for 15,000 shares at $14.25 per share. 7,017 shares were vested on 7/19/2000; 7,017 shares were vested on 1/1/2001; and 966 shares were vested on 1/1/2002. As a result of a 3-for-2 stock split effective 10/18/2006, this option is now 22,500 shares at $9.50 per share.
The original 7/19/2000 option was for 15,000 shares at $14.25 per share. 7,017 shares were vested on 7/19/2000; 7,017 shares were vested on 1/1/2001; and 966 shares were vested on 1/1/2002. As a result of a 3-for2 stock split effective 10/18/2006, this option is now 22,500 shares at $9.50 per share. On April 23, 2010 1,000 shares were exercised, on May 18, 2010 1,500 shares were exercised, on June 2, 2010 2,100 shares, on June 10, 2010 2,950 shares, on June 17, 2010 4,200 shares, on June 25, 2010 6,300 shares and on July 15, 2010 4,450 shares were exercised at $9.50 per share, leaving a zero balance.
The original 4/26/2001 option was for 5,000 shares at $14.40 per share. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now for 7,500 shares at $9.60 per share.
/s/Kenneth R. Sapack
2010-07-15