ROSEN LEE S 4
4 · New Generation Biofuels Holdings, Inc · Filed Jul 1, 2010
Insider Transaction Report
Form 4
ROSEN LEE S
DirectorChairman of the Board
Transactions
- Award
Common Stock
2010-03-06+126,316→ 559,649 total - Award
Stock Option (right to buy)
2010-05-07+36,303→ 36,303 totalExercise: $0.63From: 2010-05-07Exp: 2020-05-06→ Common Stock (36,303 underlying) - Award
Stock Option (right to buy)
2010-03-06+36,303→ 36,303 totalExercise: $1.05From: 2010-03-06Exp: 2019-07-22→ Common Stock (36,303 underlying)
Footnotes (1)
- [F1]Pursuant to Mr. Rosen's Employment Agreement, dated July 23, 2009, Mr. Rosen was granted performance options to purchase 469,440 shares of common stock. The options vests in three annual installments based on satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2009, 2010 and 2011. The performance criteria for 2009 were partially met, resulting in the vesting of the option as to 36,303 shares. The remaining 120,177 options were cancelled.