U S ENERGY SYSTEMS INC 4
4 · U S ENERGY SYSTEMS INC · Filed Aug 24, 2005
Insider Transaction Report
Form 4
SCHNEIDER HENRY/NY
President
Transactions
- Award
Employee Stock Options (right to buy)
2005-08-17+150,000→ 150,000 totalExercise: $1.38Exp: 2010-08-16→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Options for (i) 80,000 shares are exercisable immediately and (ii) 70,000 shares become exercisable on January 1, 2006.
- [F2]Options for (i) 70,000 shares become exercisable on August 17, 2006, of which options to acquire 10,000 shares and 60,000 shares expire on August 16, 2010 and August 16, 2015, respectively and (ii) 80,000 shares become exercisable on January 1, 2007 and expire August 16, 2010.