Reed Michael 4
4 · ELECTRO ENERGY INC · Filed Sep 14, 2007
Insider Transaction Report
Form 4
Reed Michael
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2007-09-12$0.59/sh+101,695$60,000→ 166,745 total - Award
Stock Option (right to buy)
2007-09-12+400,000→ 700,000 totalExercise: $0.59Exp: 2017-09-12→ Common Stock (400,000 underlying)
Footnotes (1)
- [F1]Options vest over a period of four years. 25% of the options will become vested and exercisable on September 13, 2008, an additional 25% will become vested on September 13, 2009, an additional 25% will become vested on September 13, 2010, and the final 25% will become vested on September 13, 2011.