Bernstein Edward L 4
4 · Akeena Solar, Inc. · Filed Sep 30, 2010
Insider Transaction Report
Form 4
Bernstein Edward L
Director
Transactions
- Award
Stock Option (Right to Buy)
2010-09-28+20,000→ 20,000 totalExercise: $0.60From: 2010-12-28Exp: 2015-09-27→ Common Stock (20,000 underlying) - Award
Common Stock, $0.001 par value
2010-09-28$0.60/sh+33,333$20,000→ 33,333 total
Footnotes (2)
- [F1]Consists of 33,333 shares of restricted common stock granted to Mr. Bernstein on September 28, 2010. These shares are scheduled to vest in equal quarterly installments over a one year period from the date of grant. Mr. Bernstein is entitled to vote such restricted shares, subject to forfeiture in accordance with the terms of the grant.
- [F2]Consists of non-qualified stock options granted pursuant to the Plan, which shall vest in equal quarterly installments over a period of one year, subject to forfeiture in accordance with the terms of the grant.