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4//SEC Filing

OLIVERI THOMAS 4

Accession 0001078782-10-000122

CIK 0001402857other

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 4:45 PM ET

Size

7.7 KB

Accession

0001078782-10-000122

Insider Transaction Report

Form 4
Period: 2010-01-19
OLIVERI THOMAS
President & COO
Transactions
  • Award

    EMPLOYEE STOCK OPTION (RIGHT TO BUY)

    2010-01-19+400,000400,000 total
    Exercise: $0.17Exp: 2020-01-18COMMON STOCK (400,000 underlying)
  • Gift

    SERIES B CONVERTIBLE PREFERRED STOCK

    2010-01-19+10,00010,000 total
Footnotes (2)
  • [F1]Each share of Series B Convertible Preferred stock is immediately convertible into ten shares of the Company's common stock.
  • [F2]The option is issued pursuant to the 2009 Equity Incentive Plan and vests in two equal installments with 50% of the option to vest on July 18, 2010 and the remaining 50% to vest on January 18, 2011.

Issuer

Clear Skies Solar, Inc

CIK 0001402857

Entity typeother

Related Parties

1
  • filerCIK 0001206848

Filing Metadata

Form type
4
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:45 PM ET
Size
7.7 KB