Home/Filings/4/0000908662-06-000417
4//SEC Filing

Wolfe Thomas D 4

Accession 0000908662-06-000417

CIK 0001176193other

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 4:38 PM ET

Size

8.9 KB

Accession

0000908662-06-000417

Insider Transaction Report

Form 4
Period: 2006-12-22
Wolfe Thomas D
Sr. VP-Engineering & Developme
Transactions
  • Award

    Stock Option (Right to Buy)

    2006-12-22+747,193747,193 total
    Exercise: $0.39Exp: 2016-12-22Common Stock (747,193 underlying)
  • Award

    Stock Option (Right to Buy)

    2006-12-22+200,000200,000 total
    Exercise: $0.39Exp: 2016-12-22Common Stock (200,000 underlying)
Footnotes (3)
  • [F1]447,193 options vest immediately upon grant. 25,000 options vest on the earlier of shareholder approval of the Open Energy Corporation 2006 Equity Incentive Plan or 12/1/2007, with installments of 25,000 options vesting on the last day of each calendar quarter thereafter. All remaining options unvested will vest on 12/31/2009.
  • [F2]Provided optionee is continuing to provide service to the Issuer.
  • [F3]16,666 options vest for period ending 3/31/2007. 16,666 options vest on the earlier of shareholder approval of the Open Energy Corporation 2006 Equity Incentive Plan or 12/1/2007, with installments of 16,666 options vesting on the last day of each calendar quarter thereafter subject to optionee's performance as measured against performance goals and objectives.

Issuer

OPEN ENERGY CORP

CIK 0001176193

Entity typeother

Related Parties

1
  • filerCIK 0001384463

Filing Metadata

Form type
4
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 4:38 PM ET
Size
8.9 KB