MECHANICAL TECHNOLOGY INC 4
4 · MECHANICAL TECHNOLOGY INC · Filed Apr 23, 2007
Insider Transaction Report
Form 4
FISCHER STEVEN N
DirectorChairman & CEO
Transactions
- Award
Stock Options (Right to Buy)
2007-04-20$1.65/sh+50,000$82,500→ 50,000 totalExercise: $1.65From: 2007-04-20Exp: 2014-04-19→ Common Stock (50,000 underlying) - Award
Stock Options (Rights to Buy)
2007-04-20$1.65/sh+100,000$165,000→ 100,000 totalExercise: $1.65From: 2007-04-20Exp: 2014-04-19→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Options vest based upon the successful completion of certain financial goals established by the Company's Board of Directors-these goals must be achieved by June 30, 2008 or Mr. Fischer will forfeit the options.
- [F2]Immediately Vested