Seeker Steven 4
4 · ZBB ENERGY CORP · Filed Feb 5, 2010
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2010-02-03−100,000→ 0 totalExercise: $3.59From: 2009-06-30→ Common Stock (100,000 underlying) - Award
Stock Option (right to buy)
2010-02-03+100,000→ 100,000 totalExercise: $3.59From: 2009-06-30Exp: 2011-06-30→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on June 6, 2008 and provided for expiration of 33,000 shares on June 7, 2012, 33,000 shares on June 30, 2013 and 34,000 shares on June 30, 2014 or upon retirement, whichever is earlier. In connection with Mr. Seeker's previously announced retirement, the compensation committee of ZBB's board of directors approved an amendment to the option extending the expiration date from June 30, 2010 to June 30, 2011.