RICHARD SCHWARTZ - 17 Apr 2025 Form 4 Insider Report for FREQUENCY ELECTRONICS INC (FEIM)

Role
Director
Signature
/s/ Steven Bernstein
Issuer symbol
FEIM
Transactions as of
17 Apr 2025
Net transactions value
-$16.64
Form type
4
Filing time
22 Apr 2025, 13:34:38 UTC
Previous filing
04 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FEIM Common Stock Options Exercise $132,400 +10,000 +25% $13.24 50,424 17 Apr 2025 Direct
transaction FEIM Common Stock Tax liability $132,417 -7,663 -15% $17.28 42,761 17 Apr 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FEIM Stock Appreciation Rights Options Exercise $0 -10,000 -100% $0.000000 0 17 Apr 2025 Common Stock 10,000 $13.24 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person exercised a Stock Appreciation Right based on 10,000 shares of Frequency Electronics common stock, receiving 2,337 shares which is equivalent to the appreciated value of the common stock since the grant date.
F2 Total also reflects the expiration of 20,000 Stock Appreciation Rights previously granted to the reporting person that have expired without being exercised.