Gopal Christopher 4
4 · APPLIED SOLAR, INC. · Filed Mar 26, 2009
Insider Transaction Report
Form 4
APPLIED SOLAR, INC.APSO.OB
Gopal Christopher
Chief Operating Officer
Transactions
- Award
Stock Option (right to buy)
2009-03-24+5,814,280→ 5,814,280 totalExercise: $0.06From: 2009-12-31Exp: 2019-03-24→ Common Stock (5,814,280 underlying)
Footnotes (1)
- [F1]On March 24, 2009, the reporting person was granted an option to purchase up to 5,814,280 shares of common stock. This option vests as to 33% of the shares subject to this option on December 31, 2009 and the balance vests in equal quarterly installments through the third anniversary of the date of grant. On March 24, 2009, the reporting person was granted another option to purchase up to 11,628,560 shares of common stock, the vesting of this option is subject to the satisfaction of certain performance goals and which option is not deemed granted until such time, if ever, as such performance goals are satisfied.