Garland Glenn A 4
4 · TELKONET INC · Filed Dec 30, 2011
Insider Transaction Report
Form 4
TELKONET INCTKOI
Garland Glenn A
Director
Transactions
- Award
Common Stock
2011-12-30+32,258→ 32,258 total
Footnotes (1)
- [F1]Item 4, Table I -- Shares issued pursuant to the Telkonet, Inc. director compensation policy pursuant to which non-employee directors are compensated Five Thousand Dollars ($5,000) per month to be accrued and paid through the quarterly issuance of unrestricted Telkonet, Inc. common stock, par value, $0.001, each monthly component to be valued at the closing price of the Company's common stock as of the 15th of such month (or as of the next succeeding business day if such date is not a trading date) rounded down to the nearest whole share. The shares reported here are for service in the months of October, November and December and are priced at $0.15. $.21 and $0.155 per share, the closing price of a share of common stock on October 17, 2011, November 15, 2011 and December 15, 2011, respectively.