Roth Edward G 4
4 · SYNTROLEUM CORP · Filed Jul 5, 2005
Insider Transaction Report
Form 4
SYNTROLEUM CORPSYNM
Roth Edward G
DirectorPresident and CEO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2005-06-23$10.52/sh+250,000$2,630,000→ 250,000 totalExercise: $10.52From: 2009-06-23Exp: 2015-06-23→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]The option vests based on the satisfaction of certain performance criteria (and in certain cases in the event of death, disability, termination without cause or change of control of the issuer) and becomes exercisable (1) as of the 4th anniversary of the date of grant, 50 percent of the option that has then vested, and (2) as of December 10, 2010, 100 percent of that portion of the option that has then vested.