Pyenson Eric J. 4
4 · A123 SYSTEMS, INC. · Filed May 24, 2011
Insider Transaction Report
Form 4
Pyenson Eric J.
Vice President and General Cou
Transactions
- Award
Stock Option (right to buy)
2011-05-20+37,000→ 37,000 totalExercise: $5.66Exp: 2021-05-20→ Common Stock (37,000 underlying) - Award
Common Stock
2011-05-20+25,000→ 39,838 total
Footnotes (3)
- [F1]Restricted stock units ("RSUs"). Upon vesting thereof, the Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU.
- [F2]25% of the RSUs will vest on May 20, 2012, and 6.25% of the total number of RSUs will vest at the end of each three-month period thereafter, so that 100% of the RSUs will be fully vested on May 20, 2015.
- [F3]Option vests with respect to 25% of the shares subject thereto on May 20, 2012, and 6.25% of the total shares subject to the option will vest at the end of each three-month period thereafter, such that the option will be fully vested and exercisable on May 20, 2015.