FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 04/10/2007 |
3. Issuer Name and Ticker or Trading Symbol
TransDigm Group INC [ TDG ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) 04/21/2006 |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock(1) | 200 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options(2) | 03/20/2006 | 10/01/2015 | Common Stock | 14,960 | 13.37 | D | |
Stock Options(3) | 10/01/2005 | 10/01/2015 | Common Stock | 3,740 | 13.37 | D |
Explanation of Responses: |
1. These shares were inadvertently omitted from the filing person's original Form 3. |
2. Vesting is based on achievement of annual and cumulative performance metrics. 11.84% of such options vest each year from 2007-2008, then 35.51% vest in 2008. On March 20, 2006, 27.02% of such options vested in accordance with provisions for accelerated vesting upon sales of shares of common stock by certain investors of issuer. During the first quarter of 2007, an additional 13.79% of such options vested in accordance with such accelerated vesting provisions. This disclosure updates and corrects footnote 1 of the filing person's original Form 3. |
3. Options vest over time in 25% increments starting on grant date and annually on the next three anniversary dates. |
Remarks: |
Halle F. Terrion, attorney-in-fact for Sean P. Maroney | 04/10/2007 | |
** 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 5 (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. |