MAHONEY MILES F 4
4 · EVERGREEN ENERGY INC · Filed Nov 23, 2009
Insider Transaction Report
Form 4
MAHONEY MILES F
President and COO
Transactions
- Award
Stock Option (Right to Buy)
2009-11-19+150,000→ 250,000 totalExercise: $0.30From: 2009-11-19Exp: 2014-11-19→ Common Stock (150,000 underlying) - Award
Restricted Stock Award
2009-11-19+850,000→ 900,000 total
Footnotes (2)
- [F1]The award vests upon the attainment of benchmarks and assuming continuous employment: (i) 250,000 shares upon an increase closing price to $0.70 or higher for all trading days within any 60 day consecutive calendar period; (ii) an additional 150,000 shares upon an increase in the closing price to $1.05 or higher for all trading days within any 60 day consecutive calendar day period; (iii) an additional 150,000 shares upon an increase in the closing price to $1.50 or higher for all trading days within any 60 day consecutive calendar day period; (iv) an additional 150,000 shares upon an increase in the closing price to $1.75 or higher for all trading days within any 60 day consecutive calendar day period; and (v) an additional 150,000 shares upon an increase in the closing price to $2.10 or higher for all trading days within any 60 day consecutive calendar day period.
- [F2]Any unvested portion of the Restricted Stock award will expire on November 19, 2013.