AMETEK executive exercises options and sells shares
AMETEK executive David F. Hermance, President – Electromechanical, exercised stock options for 6,608 shares of common stock at an exercise price of $85.45 per share and on the same date sold 6,608 shares at $254.00 per share.
Rhea-AI Filing Summary
AMETEK executive David F. Hermance, President – Electromechanical, exercised stock options for 6,608 shares of common stock at an exercise price of $85.45 per share and on the same date sold 6,608 shares at $254.00 per share. The options, received as employment compensation, became exercisable in three equal annual installments beginning on May 9, 2020. Following the reported transactions, Hermance reports direct holdings of 993 shares of Common Stock/SERP and indirect holdings of 484 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F2, F1 | 6,608 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,608 | $85.45 | $565K |
| Sale | Common Stock | 6,608 | $254.00 | $1.68M |
| holding | Common Stock/ Serp | -- | -- | -- |
| holding | 401k Plan | -- | -- | -- |
Footnotes (2)
- F1. The stock options became exercisable in three equal annual installments beginning on May 9, 2020.
- F2. Received as employment compensation.
Key Figures
Key Terms
Stock Option financial
Exercise or conversion of derivative security financial
Common Stock/ Serp financial
401k Plan financial
FAQ
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What did AMETEK (AME) executive David F. Hermance do in this Form 4?
How many AMETEK (AME) options did David F. Hermance exercise and at what price?
Were the AMETEK (AME) stock options exercised by David F. Hermance part of his compensation?
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