CAMERON EDWARD R 4
4 · APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN · Filed May 13, 2013
Insider Transaction Report
Form 4
CAMERON EDWARD R
DirectorChairman, President, CEO
Transactions
- Award
Stock Option Grant
2013-05-09+100,000→ 100,000 totalExercise: $1.89Exp: 2020-05-09→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Options vest with respect to 50,000 shares; 50% on 1st anniversary, 100% on 2nd anniversary, with respect to 25,000 shares on the date the Company hires a Chief Operating Officer and with respect to 25,000 shares on the date the Companys 2013 action plan has been achieved (and the option will terminate with respect to such shares if the 2013 action plan is not achieved).