MECHANICAL TECHNOLOGY INC 4
4 · MECHANICAL TECHNOLOGY INC · Filed Jul 5, 2012
Insider Transaction Report
Form 4
LIM PENG K
DirectorCHAIRMAN AND CEO
Transactions
- Award
Stock Options (Rights to Buy)
2012-07-02$0.29/sh+50,000$14,500→ 50,000 totalExercise: $0.29Exp: 2022-07-02→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Options to purchase Common Stock of Issuer pursuant to Issuer's 2012 Equity Incentive Plan and subject thereto. Vesting at the rate of 25% on each of the first four anniversaries of the date of the award, with first vest occurring on July 2, 2013, for so long as the recipient of the Option remains an employee of or consultant to Issuer, and subject to the terms and conditions of the Stock Option Agreement entered into by and between Issuer and the Optionee.