Home > Insider Trading > Filing (0001140361-10-025385)

Filing Details

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
1383990	Kenneth Sapack	112 Bridge Street Naugatuck CT 06770	Chief Accounting Officer	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
Common Stock	Acquisiton	2010-06-10	2,950	$9.50	2,950	No	4	M	Direct
Common Stock	Disposition	2010-06-14	657	$14.30	2,293	No	4	S	Direct
Common Stock	Disposition	2010-06-14	2,293	$14.10	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Qualified employee stock option	Disposition	2010-06-10	2,950	$0.00	17,900	$9.50
Common Stock	Qualified employee stock option	Acquisiton	2001-04-26	0	$0.00	7,500	$9.60

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,950		2010-07-19	No	4	M	Direct
22,450	2002-01-01	2011-04-26	No	4	A	Direct

Footnotes

2,950 shares were exercised on June 10, 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-for2 stock split effective 10/18/2006, this option is now 22,500 shares at $9.50 per share.
On June 14, 2010, 657 shares sold on the open market for $14.30 per share.
On June 14, 2010, 2,293 shares sold on the open market for $14.10 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 and on June 10, 2010 2,950 shares were exercised at $9.50 per share, leaving a balance of 14,950 shares.
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.