SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DUVALL WILLIAM R

(Last) (First) (Middle)
C/O LOJACK CORPORATION
200 LOWDER BROOK DRIVE, SUITE 1000

(Street)
WESTWOOD MA 02090

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LOJACK CORP [ LOJN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP and CTO
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/23/2009 A(1) 12,600(2) A $0.00 47,537(3) D
Common Stock 02/23/2009 A(1) 10,800(4) A $0.00 58,337 D
Common Stock 02/18/2009 D(5) 3,150 D $0.00 55,187 D
Common Stock 02/24/2009 F(6) 1,594 D $0.00 53,593 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $4.16 02/23/2009 A 31,050 (7) 02/23/2016 Common Stock 31,050 $4.16 31,050 D
Explanation of Responses:
1. These shares were awarded in a transaction exempted from Section 16(b) of the Securities Exchange Acto of 1934, as amended, pursuant to Rule 16b-3 thereunder.
2. These shares vest on the third anniversary of the date of grant, which was February 23, 2009.
3. Includes 3,385 shares acquired in 2008 under the 2002 Employee Stock Purchase Plan.
4. These shares vest on the day the Company issues its earnings release for the second fiscal year ended after the date of grant if LoJack Corporation meets an operating income target.
5. These shares granted on 2/26/07 and were forfeited on the day of the Company's earnings release due to failure to meet operating income target.
6. These shares were sold to satisfy a withholding tax obligation for restricted stock that vested on February 24, 2009.
7. These employee stock options were awarded under a stock option plan in a transaction exempted from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 thereunder. The stock options vested in four equal annual installments commencing on the first anniversary of the date of grant, which was February 23, 2009.
Remarks:
/s/ Thomas A Wooters as attorney-in-fact 02/25/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.