4//SEC Filing
LIM PENG K 4
Accession 0000064463-07-000027
CIK 0000064463other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:23 PM ET
Size
14.6 KB
Accession
0000064463-07-000027
Insider Transaction Report
Form 4
LIM PENG K
DirectorCHAIRMAN AND CEO
Transactions
- Award
Stock Options (Right to Buy)
2007-06-18$1.34/sh+52,500$70,350→ 122,500 totalExercise: $1.34From: 2007-06-18Exp: 2014-06-17→ Common Stock (52,500 underlying) - Award
Common Stock
2007-06-18+50,000→ 76,000 total - Award
Stock Options (Right to Buy)
2007-06-18$1.34/sh+100,000$134,000→ 222,500 totalExercise: $1.34From: 2007-06-18Exp: 2014-06-17→ Common Stock (100,000 underlying) - Award
Stock Options (Right to Buy)
2007-06-18$1.34/sh+70,000$93,800→ 70,000 totalExercise: $1.34From: 2007-06-18Exp: 2014-06-17→ Common Stock (70,000 underlying) - Award
Stock Options (Right to Buy)
2007-06-18$1.34/sh+227,500$304,850→ 227,500 totalExercise: $1.34From: 2008-01-01Exp: 2014-06-18→ Common Stock (227,500 underlying)
Footnotes (4)
- [F1]Immediately Vested
- [F2]Options vest based upon the successful completion of all external Company milestones and certain internal Company milestones established by the Company's Board of Directors. These goals must be achieved by December 31, 2007 or the options will be forfeited.
- [F3]Vesting based upon the successful completion of certain Company financial goals established by the Company's Board of Directors. These goals must be achieved by June 30, 2008 or they will be forfeited.
- [F4]Options vest quarterly at a rate of 6.25% per quarter with first vest occurring on January 1, 2008.
Documents
Issuer
MECHANICAL TECHNOLOGY INC
CIK 0000064463
Entity typeother
Related Parties
1- filerCIK 0001201620
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 4:23 PM ET
- Size
- 14.6 KB