Maxik Fred 4
4 · LIGHTING SCIENCE GROUP CORP · Filed Aug 27, 2009
Insider Transaction Report
Form 4
Maxik Fred
Chief Technology Officer
Transactions
- Award
Employee Stock Option (Right to buy)
2009-08-21$0.41/sh+1,500,000$615,000→ 1,575,000 totalExercise: $1.00→ Common stock (1,500,000 underlying)
Footnotes (2)
- [F1]Represents options granted to Reporting Person on August 21, 2009. 375,000 of these options will vest on each of August 21, 2010, August 21, 2011, August 21, 2012, and August 21, 2013.The expiration date of the option is 8/21/2019.
- [F2]Includes: (i) grant on 4/17/2008 of stock options to purchase 75,000 shares expiring on 4/17/2013, the exercise price of the options is $4.90 per share, the options vest at a rate of 25% per year beginning on the first anniversary date of the grant; (ii) grant on 8/21/2009 of stock options to purchase 1,500,000 shares expiring on 8/21/2019, the exercise price of the options is $1.00 per share, the options vest at a rate of 25% per year beginning on the first anniversary date of the grant.