Bigger Greggory M 4
4 · SAVE THE WORLD AIR INC · Filed Feb 4, 2013
Insider Transaction Report
Form 4
Transactions
- Award
Option to Purchase Common Stock
2013-02-01+500,000→ 1,000,000 totalExercise: $0.25From: 2013-02-01Exp: 2022-01-31→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Issuer granted Mr. Bigger, effective February 1, 2012 ("Vesting Commencement Date"), an option ("Option") to purchase 4,000,000 shares ("Shares") of common stock of Issuer at an exercise price of $0.25 per Share. Subject to Mr. Bigger's continued employment with Issuer, 500,000 Shares vested on the Vesting Commencement Date, and 500,000 Shares, subject to the Option, vested February 1, 2013. Subject to Mr. Bigger's continued employment with Issuer, 1,000,000 Shares will vest on February 1, 2014, 1,000,000 Shares will vest on February 1, 2015, and 1,000,000 Shares will vest on February 1, 2016, all at an exercise price of $0.25 per Share.