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4//SEC Filing

BATT SANDRA 4

Accession 0000931731-06-000218

CIK 0001272703other

Filed

Oct 12, 8:00 PM ET

Accepted

Oct 13, 12:47 PM ET

Size

12.4 KB

Accession

0000931731-06-000218

Insider Transaction Report

Form 4
Period: 2006-10-11
BATT SANDRA
Chief Financial Officer
Transactions
  • Award

    Option (right to buy)

    2006-09-20+30,00090,000 total
    Exercise: $4.40Exp: 2016-09-20Common Stock (30,000 underlying)
  • Disposition to Issuer

    Option (right to buy)

    2006-09-2990,0000 total
    Common Stock (90,000 underlying)
  • Purchase

    Common Stock

    2006-10-11$3.25/sh+19,708$64,05130,770 total
  • Award

    Option (right to buy)

    2006-09-29+90,00090,000 total
    Exercise: $3.50Exp: 2016-09-28Common Stock (90,000 underlying)
Footnotes (4)
  • [F1]Additional shares were issued on this date to adjust the per-share price for shares earlier purchased in a private placement. The adjustment was made for all purchasers in the private placement.
  • [F2]These Options were awarded under the company's Incentive Compensation Plan for services as an employee. The options become exercisable as to 20% immediately and 20% per year thereafter until fully vested.
  • [F3]Options as to 60,000 shares (exercisable at $5.875) were to expire on December 14, 2016. Options as to 30,000 shares (exercisable at $0.40 per share) were to expire on September 19, 2010. All of these options have been cancelled.
  • [F4]Out-of-the-money options for all directors and employees were cancelled and replaced by options with the same vesting schedule with an exercise price equal to the closing price on the date of grant.

Issuer

HYDROGEN ENGINE CENTER, INC.

CIK 0001272703

Entity typeother

Related Parties

1
  • filerCIK 0001351518

Filing Metadata

Form type
4
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 12:47 PM ET
Size
12.4 KB