-----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, L2kvUERFwmJrmw+o9q2yVYYHv/fGTN7+aDUEHQAlLc7sH4cI4K96jMiTvVvUXddq 3oo6qPo2umKo49NtmokNqQ== 0000950144-99-007287.txt : 19990615 0000950144-99-007287.hdr.sgml : 19990615 ACCESSION NUMBER: 0000950144-99-007287 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990610 FILED AS OF DATE: 19990610 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KELLSTROM INDUSTRIES INC CENTRAL INDEX KEY: 0000918275 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] IRS NUMBER: 133753725 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-23764 FILM NUMBER: 99644138 BUSINESS ADDRESS: STREET 1: 1100 INTERNATIONAL PARKWAY CITY: SUNRISE STATE: FL ZIP: 33325 BUSINESS PHONE: 9548450427 MAIL ADDRESS: STREET 1: 1100 INTERNATIONAL PARKWAY CITY: SUNRISE STATE: FL ZIP: 33325 FORMER COMPANY: FORMER CONFORMED NAME: ISRAEL TECH ACQUISITION CORP DATE OF NAME CHANGE: 19940301 COMPANY DATA: COMPANY CONFORMED NAME: GLEASON JOHN S CENTRAL INDEX KEY: 0001070118 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: SAWGRASS CORPORATE INDUSTRIAL PARK STREET 2: 14000 NW 4TH ST CITY: SUNRISE STATE: FL ZIP: 33325 BUSINESS PHONE: 9548450427 MAIL ADDRESS: STREET 1: SAWGRASS CORPORATE INDUSTRIAL PARK STREET 2: 14000 NW 4TH ST CITY: SUNRISE STATE: FL ZIP: 33325 4 1 KELLSTROM INDUSTRIES/ JOHN S. GLEASON FORM 4 1 - ------ FORM 4 - ------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check box if no longer subject to Filed pursuant to Section 16(a) of the Securities Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the or Form 5 obligations Public Utility Holding Company Act of 1934 may continue. See or Section 30(f) of the Investment Company Instruction 1(b). Act of 1940 - ------------------------------------------------------------------------------------------------------------------------------------ | 1. Name and Address of Reporting Person* | 2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person to| | Gleason John S. | Kellstrom Industries, Inc. (KELL) | Issuer (Check all applicable) | |--------------------------------------------|----------------------------------------------| | | (Last) (First) (Middle) | 3. IRS Number of | 4. Statement for | [ ] Director [ ] 10% Owner | | | Reporting Person | Month/Year | [X] Officer (give [ ] Other (specify| | | (Voluntary) | | title below) below) | | c/o Kellstrom Industries, Inc. | | May and June 1999 | | | 1100 International Parkway | | |Executive Vice President and Treasurer| |--------------------------------------------| |--------------------|--------------------------------------| | (Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing | | | | Date of Original| (Check applicable line) | | | | (Month/Year) | [X] Form Filed by One | | Sunrise FL 33323 | | | Reporting Person | |--------------------------------------------|----------------------------------------------| [ ] Form Filed by More Than | | (City) (State) (Zip) | | One Reporting Person | | | | | |----------------------------------------------------------------------------------------------------------------------------------| | TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED | |----------------------------------------------------------------------------------------------------------------------------------| |1. Title of Security |2. Transaction |3. Transac- |4. Securities Acquired (A) | 5. Amount of Se- |6. Owner- |7. Nature | | (Instr. 3) | Date | tion Code | or Disposed of (D) | curities Benefi-| ship | of In- | | | (Month/Day/ | (Instr. 8) | (Instr. 3, 4 and 5) | cially Owned at | Form: | direct | | | Year) | | | End of Month | Direct | Benefi-| | | | | | (Instr. 3 and 4)| (D) or | cial | | | |--------------|-----------------------------| | Indirect | Owner- | | | | Code | V | Amount | (A) or| Price | | (I) | ship | | | | | | | (D) | | | (Instr. 4)| (Instr.| | | | | | | | | | | 4) | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/05/99 | M | -- | 30,000 | A | $5.00/sh.| 16,200 | D | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/05/99 | M | -- | 33,333 | A | $7.63/sh.| 16,200 | D | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/06/99 | S | -- | 25,000 | D |$20.00/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/07/99 | S | -- | 5,000 | D |$20.07/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/10/99 | S | -- | 2,000 | D |$20.00/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/12/99 | S | -- | 6,000 | D |$18.51/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/14/99 | S | -- | 200 | D |$18.38/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/14/99 | S | -- | 500 | D |$18.06/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/17/99 | S | -- | 8,133 | D |$17.95/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 05/18/99 | S | -- | 16,500 | D |$18.77/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 06/05/99 | M | -- | 56,667 | A | $8.38/sh.| 16,200 | D | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 06/07/99 | S | -- | 16,267 | D |$18.81/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 06/08/99 | S | -- | 14,000 | D |$18.51/sh.| 16,200 | -- | N/A | |---------------------|-----------------|-------|------|----------|-------|----------|--------------------|-------------|----------| | Common Stock | 06/09/99 | S | -- | 26,400 | D |$18.38/sh.| 16,200 | -- | N/A | - ------------------------------------------------------------------------------------------------------------------------------------ * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Response) over
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------------------ |1. Title of Derivative | 2. Conver- |3. Trans- |4. Trans- |5. Number of | 6. Date Exer- |7. Title and Amount |8. Price | | Security | sion or | action | action | Derivative | cisable and | of Underlying | of | | (Instr. 3) | Exercise | Date | Code | Securities | Expiration | Securities | Deriv- | | | Price of | (Month/| (Instr.| Acquired (A) | Date | (Instr. 3 and 4) | ative | | | Deriv- | Day/ | 8) | or Disposed | (Month/Day/ | | Secur- | | | ative | Year) | | or (D) | Year) | | ity | | | Security | | | (Instr. 3, | | | (Instr. 5)| | | | | | 4, and 5) |-----------------|--------------------| | | | | | | | Date |Expira- | | Amount or| | | | | |----------|----------------| Exer- |tion | Title | Number of| | | | | | Code| V | (A) | (D) | cisable|Date | | Shares | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |Employee Stock Options | $ 5.00/sh. | 05/05/99 | M | -- | -- | 30,000 | (1) |09/07/05|Common | 30,000 sh.| -- | |(Right to buy) | | | | | | | | | Stock | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |Employee Stock Options | $ 7.63/sh. | 05/05/99 | M | -- | -- | 33,333 | (2) |09/19/06|Common | 33,333 sh.| -- | |(Right to buy) | | | | | | | | | Stock | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |Employee Stock Options | $ 8.38/sh. | 06/05/99 | M | -- | -- | 56,667 | (3) |07/01/05|Common | 56,667 sh.| -- | |(Right to buy) | | | | | | | | | Stock | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |Employee Stock Options | $10.125/sh.| -- | -- | -- | -- | -- | (4) |10/08/08|Common | 65,000 sh.| -- | |(Right to buy) | | | | | | | | | Stock | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| |Employee Stock Options | $10.125/sh.| -- | -- | -- | -- | -- | (5) |10/08/08|Common | 50,000 sh.| -- | |(Right to buy) | | | | | | | | | Stock | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| | | | | | | | | | | | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| | | | | | | | | | | | | | |-----------------------|--------------|----------|-----|----|-------|--------|--------|--------|--------|-----------|-------------| | | | | | | | | | | | | | - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ | 9. Number of | 10. Ownership | 11. Nature of | | Derivative | Form of | Indirect | | Securities | Derivative | Beneficial | | Beneficially | Security: | Ownership | | Owned at End | Direct (D) | (Instr. 4) | | of Month | or Indirect (I) | | | (Instr. 4) | (Instr. 4) | | | | | | |---------------------|-------------------------------|----------------------| | -0- | D | N/A | |---------------------|-------------------------------|----------------------| | 16,667 | D | N/A | |---------------------|-------------------------------|----------------------| | 43,333 | D | N/A | |---------------------|-------------------------------|----------------------| | 65,000 | D | N/A | |---------------------|-------------------------------|----------------------| | 50,000 | D | N/A | |---------------------|-------------------------------|----------------------| | | | | |---------------------|-------------------------------|----------------------| | | | | - ------------------------------------------------------------------------------ Explanation of Responses: (1) These Employee Stock Options were acquired 09/07/95 and vest in three equal installments on 09/07/96, 09/07/97 and 09/07/98. (2) These Employee Stock Options were acquired 09/19/96 and vest in three equal installments on 09/19/97, 09/19/98 and 09/19/99. (3) These Employee Stock Options were acquired 01/02/97 and vest in three equal installments on 07/01/96, 07/01/97 and 07/01/98. (4) These Employee Stock Options were acquired 10/08/98 and vest in three equal installments on 04/27/99, 10/27/00 and 04/27/02. (5) These Employee Stock Options were acquired 10/08/98 and vest in three equal installments on 12/19/99, 06/19/01 and 12/19/02. **Intentional misstatements or omissions of facts constitute Federal Criminal /s/ John S. Gleason 06/10/99 Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). -------------------------------- ---------- Signature of Reporting Person Date John S. Gleason Note. File three copies of this form, one of which must be manually signed. Page 2 If space provided is insufficient, see Instruction 6 for procedure.
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