THOMAS MCCLELLAND - 23 Apr 2025 Form 4 Insider Report for FREQUENCY ELECTRONICS INC (FEIM)

Signature
/s/ Steven Bernstein
Issuer symbol
FEIM
Transactions as of
23 Apr 2025
Transactions value $
-$6
Form type
4
Filing time
25 Apr 2025, 13:42:05 UTC
Previous filing
04 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FEIM Common Stock Options Exercise $105,920 +8,000 +8.2% $13.24 105,598 23 Apr 2025 Direct
transaction FEIM Common Stock Tax liability -$105,926 -5,875 -5.56% $18.03 99,723 23 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 -8,000 -100% $0 0 17 Apr 2025 Common Stock 8,000 $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 8,000 shares of Frequency Electronics common stock, receiving 2,125 shares which is equivalent to the appreciated value of the common stock since the grant date.
F2 Total also reflects the expiration of 28,000 Stock Appreciation Rights previously granted to the reporting person that have expired without being exercised.