Filing Details

Accession Number:
0001140361-10-043617
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-04 15:31:16
Reporting Period:
2010-11-02
Filing Date:
2010-11-04
Accepted Time:
2010-11-04 15:31:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
31107 Eastern Co EML Cutlery, Handtools & General Hardware (3420) 060330020
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187212 Iii L John Sullivan 112 Bridge Street
Naugatuck CT 06770
Vice President & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-11-02 1,000 $18.00 30,610 No 4 S Direct
Common Stock Acquisiton 2010-11-04 2,000 $9.60 32,610 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Qualified employee stock option Disposition 2010-11-04 2,000 $0.00 21,500 $9.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
19,500 2011-04-26 No 4 M Direct
Footnotes
  1. On November 2, 2010, 1,000 shares sold on the open market for $18.00 per share.
  2. 2,000 shares were exercised on November 4, 2010 at $9.60 per share by Mr. Sullivan. The original 4/26/2001 option was for 15,000 shares at $14.40 per share. 5,900 shares were vested on 1/1/2004; 6,944 shares were vested on 1/1/2005; and the remaining 2,256 shares were vested on 1/1/2006. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now for 22,500 shares at $9.60 per share.
  3. The original 4/26/2001 option was for 15,000 shares at $14.40 per share. 5,800 shares were vested on 1/1/2004; 6,944 shares were vested on 1/1/2005; and the remaining 2,256 shares were vested on 1/1/2006. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now for 22,500 shares at $9.60 per share. On October 28, 2010 1,000 shares were exercised and on November 4, 2010 2,000 shares were exercised at $9.60 per share, leaving a balance of 19,500 shares.