Sustainable Environmental Technologies Corp 5
5 · Sustainable Environmental Technologies Corp · Filed Jun 28, 2013
Insider Transaction Report
Form 5
Glaser Robert John
Director
Transactions
- Award
Common Stock
2012-10-10$1.30/sh+18,750$24,375→ 527,133 total - Award
Common Stock
2013-01-04$0.25/sh+35,000$8,750→ 562,133 total - Award
Stock Option
2013-03-31$0.16/sh+12,500$2,000→ 362,658 totalExercise: $0.16From: 2014-03-31Exp: 2023-03-31→ Common Stock (12,500 underlying) - Award
Common Stock
2012-04-15$1.30/sh+18,750$24,375→ 439,633 total - Award
Common Stock
2012-06-26$0.36/sh+50,000$18,250→ 489,633 total - Award
Common Stock
2012-07-30$1.30/sh+18,750$24,375→ 508,383 total - Award
Stock Option
2012-12-31$0.25/sh+37,500$9,375→ 260,833 totalExercise: $0.25From: 2013-12-31Exp: 2023-12-31→ Common Stock (37,500 underlying) - Award
Stock Option
2012-12-31$0.25/sh+89,325$22,331→ 350,158 totalExercise: $0.25From: 2013-12-31Exp: 2023-12-31→ Common Stock (89,325 underlying)
Footnotes (3)
- [F1]The Issuer was going to issue a total of 150,000 shares to the Reporting Person over 2012 and 2013, in eight (8) equal increments of 18,750 shares. However, due to Mr. Glaser's resignation on April 19, 2013, Mr. Glaser and the Issuer have agreed that any residual shares outstanding shall not be issued.
- [F2]All stock options vest over 12 months at 1/12 per month from the date of issuance.
- [F3]As of April 19, 2013, due to Mr. Glaser's resignation and termination of his employment agreement, all stock options granted to Mr. Glaser have been cancelled.