Payne Richard A 4
4 · ZBB ENERGY CORP · Filed Sep 25, 2009
Insider Transaction Report
Form 4
Payne Richard A
Director
Transactions
- Award
Stock Option (right to buy)
2009-09-23+75,000→ 75,000 totalExercise: $1.39→ Common Stock (75,000 underlying)
Footnotes (4)
- [F1]Granted under the 2007 Equity Incentive Plan of ZBB Energy Corporation (the "Company").
- [F2]Represents 110% of the closing price of the Company's common stock on September 23, 2009, the date of grant.
- [F3]The option will vest and become exercisable as to 25,000 shares covered by the option on June 30, 2010, June 30, 2011 and June 30, 2012.
- [F4]The option shall expire as to any portion of such option after five years following the date on which such portion vests.