AMERICAN POWER GROUP Corp 4
4 · AMERICAN POWER GROUP Corp · Filed May 2, 2016
Insider Transaction Report
Form 4
NEEDHAM MAURICE E
DirectorChairman
Transactions
- Other
Common Stock Purchase Options
2016-04-01+850,000→ 0 total→ Common Stock (850,000 underlying) - Award
Common Stock Purchase Option
2016-04-01$0.12/sh+850,000$102,000→ 850,000 totalExercise: $0.12Exp: 2026-04-01→ Common Stock (850,000 underlying)
Holdings
- 1,438,339
Common Stock
Footnotes (2)
- [F1]Options to purchase 125,000 shares of common stock which had exercise prices ranging from $.45 to $.80, vested immediately on date of grant and had a term of 10 years from date of grant were terminated by the company. In addition, options to purchase 725,000 shares of common stock which had exercise prices ranging from $.23 to $.36, vested equally over a period of 5 years from date of grant and had a term of 10 years from date of grant were terminated by the company.
- [F2]Options to purchase 250,000 shares of common stock vest immediately on the date of grant. Options to purchase 600,000 shares of common stock vest equally over a 4 year term starting October 1, 2016.