0001209191-15-048260.txt : 20150601 0001209191-15-048260.hdr.sgml : 20150601 20150601145030 ACCESSION NUMBER: 0001209191-15-048260 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150528 FILED AS OF DATE: 20150601 DATE AS OF CHANGE: 20150601 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dupuis Serge CENTRAL INDEX KEY: 0001611144 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07872 FILM NUMBER: 15902893 MAIL ADDRESS: STREET 1: 35 MELANIE LANE CITY: WHIPPANY STATE: NJ ZIP: 07981 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-05-28 0 0000099359 BREEZE-EASTERN CORP BZC 0001611144 Dupuis Serge 35 MELANIE LANE WHIPPANY NJ 07981 0 1 0 0 Chief Financial Officer Stock Option (Right to Buy) 10.41 2015-05-28 4 A 0 40000 0.00 A 2025-05-28 Common Stock 40000 40000 D An option to purchase five thousand (5,000) Shares is immediately exercisable upon grant, and the option to purchase the remaining 35,000 Shares will vest in installments of five thousand (5,000) shares based upon whether the average closing price of our common stock over the preceding thirty-day period (the "Trailing Price") exceeds certain pre-determined thresholds within certain timeframes. Specifically, (i) options to purchase five thousand (5,000) Shares will vest when the average closing price of the Common Stock after the Option Issue Date and for the preceding thirty (30) days (the "Trailing Price") exceeds an amount equal to or greater than the Exercise Price plus one dollar ($1.00); (continued from footnote 1) (ii) at any time after the first anniversary of the Option Issue Date, (A) options to purchase five thousand (5,000) Shares will vest when the Trailing Price exceeds an amount equal to or greater than the Exercise Price plus two dollars ($2.00); and (B) options to purchase five thousand (5,000) Shares will vest when the Trailing Price exceeds an amount equal to or greater than the Exercise Price plus three dollars ($3.00); (iii) at any time after the second anniversary of the Option Issue Date, (A) options to purchase five thousand (5,000) Shares will vest when the Trailing Price exceeds an amount equal to or greater than the Exercise Price plus four dollars ($4.00); and (B) options to purchase five thousand (5,000) Shares will vest when the Trailing Price exceeds an amount equal to or greater than the Exercise Price plus five dollars ($5.00); and (continued from footnote 2) (iv) at any time after the third anniversary of the Option Issue Date, (A) options to purchase five thousand (5,000) Shares will vest when the Trailing Price exceeds an amount equal to or greater than the Exercise Price plus six dollars ($6.00); and (B) options to purchase five thousand (5,000) Shares will vest when the Trailing Price exceeds an amount equal to or greater than the Exercise Price plus seven dollars ($7.00). Serge Dupuis 2015-06-01