-----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, HcgpbKbcJQhZ/erlW613uj5ueU+/83JcP1p8KuyCEs6f7s+zJRSjgeb19R5sfkHI Fm6eeYKGCfFWdpnBil5iiw== 0000015847-11-000004.txt : 20110104 0000015847-11-000004.hdr.sgml : 20110104 20110104160632 ACCESSION NUMBER: 0000015847-11-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110104 DATE AS OF CHANGE: 20110104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hoffman Bradley Kyle CENTRAL INDEX KEY: 0001498517 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-01678 FILM NUMBER: 11505811 MAIL ADDRESS: STREET 1: 8741 ENSLEY LANE CITY: LEAWOOD STATE: KS ZIP: 66206 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BUTLER NATIONAL CORP CENTRAL INDEX KEY: 0000015847 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] IRS NUMBER: 410834293 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 BUSINESS ADDRESS: STREET 1: 19920 W 161ST ST CITY: OLATHE STATE: KS ZIP: 66062 BUSINESS PHONE: 8167809595 MAIL ADDRESS: STREET 1: 19920 W 161ST ST CITY: OLATHE STATE: KS ZIP: 66062 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL CONNECTOR CORP DATE OF NAME CHANGE: 19701009 4 1 primary_doc.xml PRIMARY DOCUMENT X0303 4 2010-12-31 0 0000015847 BUTLER NATIONAL CORP buks 0001498517 Hoffman Bradley Kyle 8741 ENSLEY LANE LEAWOOD KS 66206 1 0 0 0 Employee Stock Option (right to buy) 0.49 2010-12-31 4 A 0 125000 0 A 2015-12-31 Common Stock 125000 125000 D Employee Stock Option (right to buy) 0.49 2010-12-31 4 A 0 125000 0 A 2015-12-31 Common Stock 125000 250000 D Employee Stock Option (right to buy) 0.49 2010-12-31 4 A 0 125000 0 A 2015-12-31 Common Stock 125000 375000 D The option vests upon satisfaction, either simultaneously or separately, of both (a) the date being December 31, 2011 or later and (b) the close of the Company's common stock at a market price at or above $0.92 on any date between December 31, 2010 and December 31, 2015. The option vests upon satisfaction, either simultaneously or separately, of both (a) the date being December 31, 2012 or later and (b) the close of the Company's common stock at a market price at or above $1.41 on any date between December 31, 2010 and December 31, 2015. The option vests upon satisfaction, either simultaneously or separately, of both (a) the date being December 31, 2013 or later and (b) the close of the Company's common stock at a market price at or above $1.90 on any date between December 31, 2010 and December 31, 2015. /s/ Bradley K. Hoffman 2011-01-04 -----END PRIVACY-ENHANCED MESSAGE-----