0001181431-12-048862.txt : 20120906
0001181431-12-048862.hdr.sgml : 20120906
20120906091640
ACCESSION NUMBER: 0001181431-12-048862
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120522
FILED AS OF DATE: 20120906
DATE AS OF CHANGE: 20120906
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pedersen Brad
CENTRAL INDEX KEY: 0001556474
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07872
FILM NUMBER: 121075755
MAIL ADDRESS:
STREET 1: C/O BREEZE-EASTERN CORPORATION
STREET 2: 35 MELANIE LANE
CITY: WHIPPANY
STATE: NJ
ZIP: 07981
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BREEZE-EASTERN CORP
CENTRAL INDEX KEY: 0000099359
STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728]
IRS NUMBER: 954062211
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 35 MELANIE LANE
CITY: WHIPPANY
STATE: NJ
ZIP: 07981
BUSINESS PHONE: 973 602 1001
MAIL ADDRESS:
STREET 1: 35 MELANIE LANE
CITY: WHIPPANY
STATE: NJ
ZIP: 07981
FORMER COMPANY:
FORMER CONFORMED NAME: TRANSTECHNOLOGY CORP.
DATE OF NAME CHANGE: 20061006
FORMER COMPANY:
FORMER CONFORMED NAME: BREEZE-EASTERN CORP
DATE OF NAME CHANGE: 20061005
FORMER COMPANY:
FORMER CONFORMED NAME: TRANSTECHNOLOGY CORP
DATE OF NAME CHANGE: 19920703
4
1
rrd355256.xml
FORM 4
X0306
4
2012-05-22
0
0000099359
BREEZE-EASTERN CORP
BZC
0001556474
Pedersen Brad
35 MELANIE LANE
WHIPPANY
NJ
07981
1
1
0
0
Chief Executive Officer
Stock Option (Right to Buy)
8.10
2012-05-22
4
A
0
400000
0
A
2022-05-21
Common Stock
400000
400000
D
An option to purchase 50,000 shares is immediately exercisable upon grant, and the option to purchase remaining 350,000 shares vests gradually in installments of 50,000 shares based upon whether the average closing price of our common stock over a thirty-day period (the "Trailing Price") exceeds certain pre-determined thresholds within certain timeframes. Specifically, (i) options to purchase 50,000 shares will vest when the Trailing Price exceeds $8.50, (ii) at any time after May 22, 2013, options to purchase 50,000 shares and 50,000 shares will vest when the Trailing Price exceeds $9.50 and $10.50, respectively, (iii) at any time after May 22, 2014, options to purchase 50,000 shares and 50,000 shares will vest when the Trailing Price exceeds $11.50 and $12.50, respectively, and (iv) at any time after May 22, 2015, options to purchase 50,000 shares and 50,000 shares will vest when the Trailing Price exceeds $13.50 and $14.50, respectively.
/s/ Brad Pedersen
2012-09-06