Rice J Patrick 4
4 · PERFORMANCE TECHNOLOGIES INC \DE\ · Filed Jan 28, 2013
Insider Transaction Report
Form 4
Rice J Patrick
Other
Transactions
- Award
Non-Statutory Stock Option (Right to Buy)
2013-01-24$0.90/sh+40,000$36,000→ 40,000 totalExercise: $0.90From: 2013-02-24Exp: 2018-01-24→ Common Stock, $.01 par value (40,000 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% (20,000 shares) in the first year at the rate of 1/12 per month (i.e. = 4.167% per month); 25% (10,000 shares) in the second year at the rate of 1/12 per month (i.e. = 2.083% per month); 25% (10,000 shares) in the third year at the rate of 1/12 per month (i.e. = 2.083% per month).