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WEX > SEC Filings for WEX > Form 8-K on 22-May-2009All Recent SEC Filings

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Form 8-K for WINLAND ELECTRONICS INC


22-May-2009

Other Events


Item 8.01 Other Events.

On May 20, 2009, Lorin E. Kruger, Director of Winland Electronics, Inc. (the "Company") adopted a trading plan in accordance with Rule 10b5-1, of the Securities Exchange Act of 1934, as amended, to provide for an orderly disposition of a portion of his holdings of the Company's Common Stock. Mr. Krueger's plan provides for the sale of up to 100,000 shares on or after May 20, 2009, subject to a minimum price. The plan will expire upon the sale of all of the respective shares or May 20, 2011, whichever is earlier. As of May 20, 2009, Mr. Kruger beneficially owned 220,036 (6.0%) of the Company's Common Stock.

Mr. Krueger's prior trading plan adopted in accordance with Rule 10b5-1, which was effective May 27, 2008, has been terminated and is no longer effective.


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