CAPP F WILLIAM 4
4 · BEACON POWER CORP · Filed Apr 28, 2010
Insider Transaction Report
Form 4
CAPP F WILLIAM
DirectorPresident and CEO
Transactions
- Award
Stock Option (Right to Buy)
2010-04-26+450,000→ 450,000 totalExercise: $0.45Exp: 2020-04-25→ Common Stock (450,000 underlying) - Disposition to Issuer
Common Stock
2010-04-26−632,911→ 586,150 total
Footnotes (2)
- [F1]The securities described are restricted stock units originally granted to the Reporting Person on May 8, 2006, for which a Form 4 was filed on May 10, 2006. Vesting of the restricted stock units was subject to certain performance goals of the company being met. The performance goals were not met. Therefore, these shares did not vest and have been forfeited.
- [F2]The option vests over a 3 year period in quarterly installments beginning with 8.33% vesting on the grant date, 8.33% vesting on each of the following 10 quarters, and 8.37% vesting on December 31, 2012 at which point the option will be fully vested.