Filing Details

Accession Number:
0001209191-10-027283
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-12 13:00:00
Reporting Period:
2010-05-10
Filing Date:
2010-05-12
Accepted Time:
2010-05-12 17:08:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
840883 Btu International Inc BTUI Special Industry Machinery, Nec (3559) 042781248
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1223560 J Peter Tallian 23 Esquire Road
N Billerica MA 01862
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-05-10 1,730 $3.24 1,730 No 4 M Direct
Common Stock Disposition 2010-05-10 1,297 $5.93 433 No 4 S Direct
Common Stock Acquisiton 2010-05-11 2,668 $3.24 3,101 No 4 M Direct
Common Stock Disposition 2010-05-11 2,001 $5.92 1,100 No 4 S Direct
Common Stock Acquisiton 2010-05-12 602 $3.24 1,702 No 4 M Direct
Common Stock Disposition 2010-05-12 453 $5.97 1,249 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options (right to buy) Disposition 2010-05-10 1,730 $0.00 1,730 $3.24
Common Stock Options (right to buy) Disposition 2010-05-11 2,668 $0.00 2,668 $3.24
Common Stock Options (right to buy) Disposition 2010-05-12 602 $0.00 602 $3.24
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
18,270 2016-04-06 No 4 M Direct
15,602 2016-04-06 No 4 M Direct
15,000 2016-04-06 No 4 M Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/09/2010. The number of shares sold represents the minimum needed to pay the exercise price of the related stock option and associated tax withholding. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.90 to $6.05, inclusive. The reporting person undertakes to provide to BTU International, any security holder of BTU International, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/09/2010. The number of shares sold represents the minimum needed to pay the exercise price of the related stock option and associated tax withholding. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.90 to $5.96, inclusive. The reporting person undertakes to provide to BTU International, any security holder of BTU International, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/09/2010. The number of shares sold represents the minimum needed to pay the exercise price of the related stock option and associated tax withholding.
  4. 5,000 shares on and after April 6, 2010;5,000 shares on and after April 6, 2011;5,000 shares on and after April 6, 2012;5,000 shares on and after April 6, 2013.