LOFTON JIMMAC G 4
4 · ECOSPHERE TECHNOLOGIES INC · Filed Jul 3, 2012
Insider Transaction Report
Form 4
LOFTON JIMMAC G
Director
Transactions
- Award
Stock Options (Right to Buy)
2012-07-01+100,000→ 100,000 totalExercise: $0.50From: 2012-07-01Exp: 2017-07-01→ Common Stock (100,000 underlying) - Award
Stock Options (Right to Buy)
2012-07-03+41,666→ 41,666 totalExercise: $0.48From: 2012-07-03Exp: 2017-07-03→ Common Stock (41,666 underlying)
Footnotes (3)
- [F1]These securities were granted to the reporting person under the issuer's equity incentive plan as an automatic annual grant in connection with the reporting person's service as a director. The securities vest on June 30, 2013, subject to continued service as a director.
- [F2]Not applicable.
- [F3]These securities were granted to the reporting person under the issuer's equity incentive plan as an automatic initial grant in connection with the reporting person's appointment to the compensation committee. The securities vest in three equal annual increments with the first vesting date being July 3, 2013, subject to continued service as a committee member.