-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E97BOplonjFpOZZbhHHXoKi6y8bTKlwSQJ/CjG4I0HUWkujHWuRRM80o25W1ctqY 9DWbwXuHMLb1iqDGfFOZIw== 0001209191-06-033658.txt : 20060531 0001209191-06-033658.hdr.sgml : 20060531 20060531162846 ACCESSION NUMBER: 0001209191-06-033658 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060512 FILED AS OF DATE: 20060531 DATE AS OF CHANGE: 20060531 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KAYDON CORP CENTRAL INDEX KEY: 0000740694 STANDARD INDUSTRIAL CLASSIFICATION: BALL & ROLLER BEARINGS [3562] IRS NUMBER: 133186040 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 315 E. EISENHOWER PARKWAY, SUITE 300 CITY: ANN ARBOR STATE: MI ZIP: 48108 BUSINESS PHONE: 7347477025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: OLEARY JAMES CENTRAL INDEX KEY: 0001182714 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11333 FILM NUMBER: 06877245 BUSINESS ADDRESS: STREET 1: 5775 PEACHTREE DUNWOODY RD STREET 2: STE B 200 CITY: ATLANTA STATE: GA ZIP: 30342 BUSINESS PHONE: 4042503420 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2006-05-12 0 0000740694 KAYDON CORP KDN 0001182714 OLEARY JAMES 1000 ABERNATHY ROAD SUITE 1200 ATLANTA GA 30328 1 0 0 0 Common Stock 2006-05-12 4 A 0 1000 0.00 A 2000 D Stock Option (right to buy) 41.59 2006-05-12 4 A 0 3500 0.00 A 2007-05-12 2016-05-12 Common Stock 3500 3500 D Restricted stock grant. Restrictions lapse as to 20% of the shares on each January 5, beginning with January 5, 2007. Includes 1,800 shares subject to restrictions and forfeiture. The option is exercisable in annual installments on a cumulative basis. On the first anniversary date of the grant date, the option becomes exercisable with respect to 700 shares of Common Stock. On each anniversary date thereafter, the option becomes exercisable with respect to an additional 700 shares of Common Stock with the result that the option will be exercisable with respect to all 3,500 shares of Common Stock on the fifth anniversary date of the grant date. Exercisability may be accelerated in the event of the reporting person's termination of service due to death or death following a termination of service. The option will terminate on the first to occur of (a) the tenth anniversary of the grant date, (b) one month after the reporting person's termination of service for any reason other than death, disablility or retirement from the Board of Directors, or (c) five years from the date of the reporting person's death (whether before or after a termination of service). James O'Leary, by John F. Brocci, Attorney-in-fact 2006-05-31 -----END PRIVACY-ENHANCED MESSAGE-----