4/A//SEC Filing
LIGHTING SCIENCE GROUP CORP 4/A
Accession 0000866970-08-000017
CIK 0000866970operating
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 5:42 PM ET
Size
8.6 KB
Accession
0000866970-08-000017
Insider Transaction Report
Form 4/AAmended
Hamilton Stephen Alexander
Chief Financial Officer
Transactions
- Award
Common Stock
2008-05-07$5.00/sh+55,000$275,000→ 60,700 total - Award
Employee stock option (Right to buy)
2008-04-17$4.90/sh+35,000$171,500→ 54,000 totalExercise: $4.90Exp: 2012-04-17→ Lighting Science Group Corporation common stock (35,000 underlying)
Footnotes (2)
- [F1]Mr. Hamilton received a grant of stock options for 35,000 shares on 4/17/2008. The exercise price of the options is $4.90 per share. The options vest at a rate of 1/3 per year beginning on the first anniversary date of the grant (4/17/2009). The term of the option is four years (expires on 4/17/2012).
- [F2]Mr. Hamilton received a restricted stock grant of 55,000 shares on 5/7/2008. The market price at which the grant was made was $5.00. The shares vest as follows: (i) 33% on the first date after the Grant Date that the Company's Recognized Revenue (as defined in the Restricted Stock Award Agreement) equals $50 milllion; (ii) 34% on the first date after the Grant Date that the Company's Recognized Revenue equals $115 million; and (iii) 33% on the first date after the Grant Date that the Company's Recognized Revenue equals $150 million; provided, however that any shares that have not vested under the preceding formula shall automatically vest on the third anniversary of the Grant Date.
Documents
Issuer
LIGHTING SCIENCE GROUP CORP
CIK 0000866970
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000866970
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 5:42 PM ET
- Size
- 8.6 KB