WITKIN JON 4
4 · Akeena Solar, Inc. · Filed Oct 7, 2010
Insider Transaction Report
Form 4
WITKIN JON
Director
Transactions
- Award
Common Stock, $0.001 par value
2010-10-05$0.61/sh+32,787$20,000→ 69,881 total - Award
Stock Option (Right to Buy)
2010-10-05+20,000→ 40,000 totalExercise: $0.61From: 2011-01-05Exp: 2015-10-04→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]These shares of common stock were granted pursuant to the Akeena Solar, Inc. 2006 Stock Incentive Plan (the "Plan") on October 5, 2010. These shares are scheduled to vest in equal quarterly installments over a one year period from the date of grant. Mr. Witkin 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.