Field David A 4
4 · OPEN ENERGY CORP · Filed Jun 20, 2007
Insider Transaction Report
Form 4
OPEN ENERGY CORPOEGY.OB
Field David A
DirectorPresident & CEO
Transactions
- Award
Stock Option (right to buy)
2007-06-15+1,000,000→ 1,000,000 totalExercise: $0.46Exp: 2017-06-15→ Common Stock (1,000,000 underlying)
Footnotes (1)
- [F1]up to 83,333 shares for each calendar quarter elapsed from July 1, 2007 shall vest on the earlier of (i) the approval of the 2006 Equity Incentive Plan by the shareholders of the corporation, or (ii) December 1, 2007, and up to 83,333 shares shall vest on the last day of each calendar quarter thereafter through the quarter ending June 30, 2010, in each case subject to the reporting person's performance, as measured against the performance goals and objectives established by the corporation. All vesting is subject to the reporting person continuing to be a service provider to the corporation on each such date.