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4//SEC Filing

SLUSSER JOHN M 4

Accession 0001040992-13-000001

CIK 0001003950other

Filed

Jan 27, 7:00 PM ET

Accepted

Jan 28, 3:08 PM ET

Size

5.7 KB

Accession

0001040992-13-000001

Insider Transaction Report

Form 4
Period: 2013-01-24
SLUSSER JOHN M
DirectorChairman BOD, President/CEO
Transactions
  • Award

    Non-Statutory Stock Option (Right to Buy)

    2013-01-24$0.90/sh+100,000$90,000100,000 total
    Exercise: $0.90From: 2013-02-24Exp: 2018-01-24Common Stock, $.01 par value (100,000 underlying)
Footnotes (1)
  • [F1]Stock option granted under the Performance Technologies, Inc. 2003 Omnibus Incentive Plan in a transaction exempt under Section 16b-3. This option is exercisable as follows: 50% (50,000 shares) in the first year at the rate of 1/12 per month (i.e. = 4.167% per month); 25% (25,000 shares) in the second year at the rate of 1/12 per month (i.e. = 2.083% per month); 25% (25,000 shares) in the third year at the rate of 1/12 per month (i.e. = 2.083% per month).

Issuer

PERFORMANCE TECHNOLOGIES INC \DE\

CIK 0001003950

Entity typeother

Related Parties

1
  • filerCIK 0001040992

Filing Metadata

Form type
4
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 3:08 PM ET
Size
5.7 KB