PERFORMANCE TECHNOLOGIES INC \DE\ 4
4 · PERFORMANCE TECHNOLOGIES INC \DE\ · Filed May 29, 2007
Insider Transaction Report
Form 4
SLUSSER JOHN M
DirectorChairman BOD, President/CEO
Transactions
- Award
Non-Statutory Stock Option (Right to Buy)
2007-05-24$4.93/sh+50,000$246,500→ 50,000 totalExercise: $4.93From: 2008-05-24Exp: 2012-05-24→ Common Stock, $.01 par value (50,000 underlying)
Footnotes (2)
- [F1]Stock option granted under the Performance Technologies, Inc. 2003 Omnibus Plan in a transaction exempt under Rule 16b-3. This option is exercisable in increments of 10,000 shares, 15,000 shares and 25,000 shares respectively on 5/24/2008, 5/24/2009 and 5/24/2010.
- [F2]Stock Option granted under the Performance Technologies, Inc. 2003 Omnibus Incentive Plan in a transaction exempt under Section 16b-3. This option will become fully exercisable if the Company meets certain year-end earnings milestones during the life of the option.