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4//SEC Filing

GOTTESFELD SHIMSHON 4

Accession 0000064463-06-000006

CIK 0000064463other
View on SEC.govCompany Profile

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 3:31 PM ET

Size

16.0 KB

Accession

0000064463-06-000006

Insider Transaction Report

Form 4
Period: 2005-12-30
MECHANICAL TECHNOLOGY INCMKTY
GOTTESFELD SHIMSHON
Other
Transactions
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+13,753$38,508→ 13,753 total
    Exercise: $2.80From: 2005-12-30Exp: 2013-09-14→ Common Stock (13,753 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+17,191$48,135→ 17,191 total
    Exercise: $2.80From: 2005-12-30Exp: 2014-03-03→ Common Stock (17,191 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+27,506$77,017→ 27,506 total
    Exercise: $2.80From: 2005-12-30Exp: 2013-03-31→ Common Stock (27,506 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+6,877$19,256→ 6,877 total
    Exercise: $2.80From: 2005-12-30Exp: 2012-07-16→ Common Stock (6,877 underlying)
  • Award

    Stock Options (Right to Buy)

    2005-12-30$2.80/sh+29,834$83,535→ 29,834 total
    Exercise: $2.80From: 2005-12-30Exp: 2014-12-09→ Common Stock (29,834 underlying)
Footnotes (6)
  • [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]5,158 are immediately vested and the remainder vests on 04/01/06.
  • [F3]13,753 are immediately vested and the remainder vests 50% on 04/01/06 and 04/01/07, respectively.
  • [F4]6,877 are immediately vested and the remainder vests 50% on 09/15/06 and 09/15/07, respectively.
  • [F5]4,298 are immediately vested and the remainder vests 33.333% on 03/04/06, 03/04/07 and 03/04/08, respectively.
  • [F6]7,459 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 0001251270

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 3:31 PM ET
Size
16.0 KB
View on SEC.gov