ENERGY CONVERSION DEVICES INC 4
4 · ENERGY CONVERSION DEVICES INC · Filed Jan 5, 2005
Insider Transaction Report
Form 4
Frey Robert I
Director
Transactions
- Other
Common Stock
2005-01-03+268→ 1,268 total
Holdings
- 5,000
Non-Qualified Stock Option (right to buy)
Exercise: $12.07Exp: 2014-04-19→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Director fee of approximately $5,000 per year payable in ECD Common Stock based on closing price of ECD Common Stock on the first business day in January.
- [F2]This option becomes exercisable as to 40% of the underlying shares one year after the date of grant and as to 20% of the underlying shares after each of the second, third and fourth years of grant.