MECHANICAL TECHNOLOGY INC 4
4 · MECHANICAL TECHNOLOGY INC · Filed Mar 13, 2014
Insider Transaction Report
Form 4
OCONNOR E DENNIS
Director
Transactions
- Award
Stock Options (Rights to Buy)
2014-03-12+13,000→ 13,000 totalExercise: $1.08Exp: 2024-03-12→ Common Stock (13,000 underlying)
Footnotes (2)
- [F1]Stock option grant for annual board service.
- [F2]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 March 12, 2015, for so long as the recipient of the Option remains an employee or board member 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.