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