Sustainable Environmental Technologies Corp 5
5 · Sustainable Environmental Technologies Corp · Filed Jun 28, 2013
Insider Transaction Report
Form 5
Morlock Keith
DirectorSecretary
Transactions
- Award
Common Stock
2012-04-15$1.30/sh+18,750$24,375→ 550,433 total - Award
Stock Option
2012-12-31$0.25/sh+37,500$9,375→ 260,833 totalExercise: $0.25From: 2012-12-31Exp: 2022-12-31→ Common Stock (37,500 underlying) - Award
Common Stock
2012-07-30$1.30/sh+18,750$24,375→ 619,183 total - Award
Common Stock
2012-12-31$1.30/sh+93,750$121,875→ 712,933 total - Award
Stock Option
2012-12-31$0.25/sh+89,325$22,331→ 350,158 totalExercise: $0.25From: 2012-12-31Exp: 2022-12-31→ Common Stock (89,325 underlying) - Award
Common Stock
2012-06-20$0.36/sh+50,000$18,250→ 600,433 total - Award
Common Stock
2013-01-04$0.25/sh+35,000$8,750→ 747,933 total
Footnotes (4)
- [F1]As previously reported, Mr. Morlock was to receive 150,000 shares over 2012 and 2012, in eight equal increments of $18,750. However, the Issuer accelerated the residual amount due to Mr. Morlock, in the amount of 93,750 shares, due to the termination of the employment agreement between Mr. Morlock and the Issuer on December 31, 2012.
- [F2]Of the total amount of shares reported, 133,334 are owned by Mr. Morlock's spouse.
- [F3]All stock options vest over 12 months at 1/12 per month from the date of issuance.
- [F4]All stock options that would have expired, due to the termination of Mr. Morlock's employment agreement, have been extended by for a period of 5 years, as of December 31, 2012.