LIGHTING SCIENCE GROUP CORP 4
4 · LIGHTING SCIENCE GROUP CORP · Filed Mar 20, 2009
Insider Transaction Report
Form 4
SNADON DARYL N
Director
Transactions
- Award
Common Stock
2009-03-20$0.59/sh+33,956$20,034→ 199,080 total
Footnotes (2)
- [F1]Price is based upon the average closing price of the stock for the period beginning December 1, 2008 and ending December 31, 2008 as payment in lieu of cash for directors fees for the fourth quarter of 2008. The average price of the stock for December 2008 was $0.59 per share.
- [F2]Includes (i) 15,594 shares issuable by the issuer to Mr. Snadon pursuant to the conversion of 6% Convertible Preferred Stock of the issuer; (ii) 31,886 shares issuable to Mr. Snadon pursuant to the exercise of warrants at a price of $6.00 per share (all of which are vested); (iii) 1,000 shares issuable to Mr. Snadon pursuant to the exercise of options at a price of $6.40 per share (all of which are vested); and (iv) 2,5000 shares issuable to Mr. Snadon pursuant to the exercise of options at a price of $10.80 per share (all of which are vested).