CAPP F WILLIAM 4
4 · BEACON POWER CORP · Filed Apr 7, 2009
Insider Transaction Report
Form 4
CAPP F WILLIAM
DirectorPresident and CEO
Transactions
- Award
Common Stock
2009-04-03+38,820→ 1,219,061 total - Award
Stock Option (Right to Buy)
2009-04-03+349,535→ 349,535 totalExercise: $0.49Exp: 2019-04-02→ Common Stock (349,535 underlying)
Footnotes (3)
- [F1]The securities described are restricted stock units. The shares will vest over a 3 year period in quarterly installments beginning with 8.33% vesting on March 31, 2009, 8.33% vesting on each of the following 10 quarters, and 8.37% vesting on December 31, 2011 at which point the restricted stock award will be fully vested.
- [F2]632,911 shares of total amount reported are restricted stock units that will vest only upon certain performance goals of the company being met. In the event the goals are not met, these shares will not vest.
- [F3]The option vests over a 3 year period in quarterly installments beginning with 8.33% vesting on March 31, 2009, 8.33% vesting on each of the following 10 quarters, and 8.37% vesting on December 31, 2011 at which point the option will be fully vested.