OLIVERI THOMAS 4

Accession 0001078782-11-000415

CIK 0001402857other

View on SEC.gov Company Profile

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 4:17 PM ET

Size

31.4 KB

Accession

0001078782-11-000415

Insider Transaction Report

Form 4

Period: 2011-02-15

Clear Skies Solar, IncCSKH

OLIVERI THOMAS

President & COO

Transactions

Award
Employee Stock Option (right to buy)
2011-02-15+110,000→ 110,000 total
Exercise: $0.03From: 2011-02-15Exp: 2018-11-11→ Common Stock (110,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-15−300,000→ 0 total
Exercise: $0.09Exp: 2019-07-28→ Common Stock (300,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-15−77,500→ 0 total
Exercise: $0.32Exp: 2018-11-11→ Common Stock (77,500 underlying)
Award
Employee Stock Option (right to buy)
2011-02-15+77,500→ 77,500 total
Exercise: $0.03From: 2011-02-15Exp: 2018-11-11→ Common Stock (77,500 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-15−512,500→ 0 total
Exercise: $0.12Exp: 2019-03-16→ Common Stock (390,000 underlying)
Award
Employee Stock Option (right to buy)
2011-02-15+512,500→ 512,500 total
Exercise: $0.03From: 2011-02-15Exp: 2019-03-16→ Common Stock (512,500 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-15−400,000→ 0 total
Exercise: $0.17Exp: 2020-01-18→ Common Stock (400,000 underlying)
Award
Employee Stock Option (right to buy)
2011-02-15+400,000→ 400,000 total
Exercise: $0.03From: 2011-02-15Exp: 2020-07-11→ Common Stock (400,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-15−400,000→ 0 total
Exercise: $0.04Exp: 2020-07-11→ Common Stock (400,000 underlying)
Award
Employee Stock Option (right to buy)
2011-02-15+400,000→ 400,000 total
Exercise: $0.03From: 2011-02-15Exp: 2020-07-11→ Common Stock (400,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-15−110,000→ 0 total
Exercise: $0.32Exp: 2018-11-11→ Common Stock (110,000 underlying)
Award
Employee Stock Option (right to buy)
2011-02-15+300,000→ 300,000 total
Exercise: $0.03From: 2011-02-15Exp: 2019-07-28→ Common Stock (300,000 underlying)

Footnotes (6)

[F1]The reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
[F2]The option was originally granted on July 28, 2009 and provides for immediate full vesting.
[F3]The option was originally granted on November 12, 2008 and provides for vesting in three equal annual installments commencing on November 12, 2009.
[F4]The option was originally granted on March 17, 2009 and provides for vesting in three installments of 128,125, 128,125 and 256,250 on September 16, 2009, March 16, 2010 and September 16, 2010, respectively.
[F5]The option was originally granted on January 19, 2010 and provides for vesting in two equal installments on July 18, 2010 and January 18, 2011.
[F6]The option was originally granted on July 12, 2010 and provides for full vesting on January 12, 2011.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

Clear Skies Solar, Inc

CIK 0001402857

→

Entity typeother

Related Parties

filerCIK 0001206848

Filing Metadata

Form type: 4
Filed: Feb 16, 7:00 PM ET
Accepted: Feb 17, 4:17 PM ET
Size: 31.4 KB

View on SEC.gov