Anderson Jeffrey J 4
4 · ADVANCED PHOTONIX INC · Filed Aug 30, 2011
Insider Transaction Report
Form 4
Anderson Jeffrey J
Chief Financial Officer
Transactions
- Award
API Class A Common Stock
2011-08-29+100,000→ 100,000 total - Award
Employee Stock Option (Right to Buy)
2011-08-29+160,000→ 160,000 totalExercise: $0.95From: 2012-08-29Exp: 2021-08-28→ API Class A Common Stock (160,000 underlying)
Footnotes (3)
- [F1]These shares of Class A Common Stock are issued under the Company's 2007 Equity Incentive Plan and are subject to risk of forfeiture which lapses in 25% increments annually on the anniversary of the grant date (August 29,2011).
- [F2]This amount includes shares of Class A Common Stock which are subject to risk of forfeiture.
- [F3]These employee stock options are issued under the Company's 2007 Equity Incentive Plan and vest and become exercisable in four (4) equal installments (40,000) on August 29,2012, August 29,2013, August 29,2014, and August 29,2015.