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Home/Filings/4/0000064463-06-000001
4//SEC Filing

ACKER WILLIAM P 4

Accession 0000064463-06-000001

CIK 0000064463other
View on SEC.govCompany Profile

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 3:10 PM ET

Size

15.8 KB

Accession

0000064463-06-000001

Insider Transaction Report

Form 4
Period: 2005-12-30
MECHANICAL TECHNOLOGY INCMKTY
ACKER WILLIAM P
Other
Transactions
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+10,014$28,039→ 10,014 total
    Exercise: $2.80From: 2005-12-30Exp: 2013-03-31→ Common Stock (10,014 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+41,264$115,539→ 41,264 total
    Exercise: $2.80From: 2005-12-30Exp: 2013-03-31→ Common Stock (41,264 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+123,142$344,798→ 123,142 total
    Exercise: $2.80From: 2005-12-30Exp: 2014-12-09→ Common Stock (123,142 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+3,077$8,616→ 3,077 total
    Exercise: $2.80From: 2005-12-30Exp: 2012-10-14→ Common Stock (3,077 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+22,563$63,176→ 22,563 total
    Exercise: $2.80From: 2005-12-30Exp: 2012-07-16→ Common Stock (22,563 underlying)
Footnotes (5)
  • [F1]Represents options issued in exchange for MTI Micro options tendered and canceled pursuant to the MTI and MTI Micro November 28, 2005 Exchange Offer. The exchange rate is one (1) MTI option for each two (2) shares of MTI Micro common stock issuable upon exercise of surrendered MTI Micro options, rounded down to the nearest whole share, or if an individual had an MTI Micro option balance in excess of 150,000, then at a rate of one (1) MTI option for each four (4) shares of MTI Micro common stock issuable upon exercise of surrendered MTI Micro options in excess of 150,000. All options were issued with the same vesting schedule and expiration term as the originally issued MTI Micro options.
  • [F2]Immediately Vested.
  • [F3]5,007 are immediately vested and the remainder vests 50% on 04/01/06 and 04/01/07, respectively.
  • [F4]20,632 are immediately vested and the remainder vests 50% on 04/01/06 and 04/01/07, respectively.
  • [F5]30,785 are immediately vested and the remainder vests 8.33% per quarter beginning on 01/01/06.

Documents

1 file

Issuer

MECHANICAL TECHNOLOGY INC

CIK 0000064463

→
Entity typeother

Related Parties

1
  • filerCIK 0001251264

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 3:10 PM ET
Size
15.8 KB
View on SEC.gov