WERGIN DANIEL P 4
4 · ENERGY COMPOSITES Corp · Filed May 12, 2010
Insider Transaction Report
Form 4
WERGIN DANIEL P
Director
Transactions
- Exercise of In-Money
Warrants
2010-05-10$2.50/sh−20,000$50,000→ 20,000 totalExercise: $5.00From: 2008-08-06Exp: 2011-08-06→ Common Stock (40,000 underlying) - Exercise of In-Money
Common Stock
2010-05-10$2.50/sh+10,000$25,000→ 204,279 total - Exercise of In-Money
Common Stock
2010-05-10$2.50/sh+10,000$25,000→ 10,000 total(indirect: By Trust)
Footnotes (2)
- [F1]Energy Composites Corporation offered all warrant holders a temporary price reduction to $2.50.
- [F2]Mr. Wergin assigned 10,000 of his warrants to the Wergin Family Irrevocable Dynasty Trust-2005. These warrants were then exercised by the Trust.