Bernstein Edward L 4
4 · Akeena Solar, Inc. · Filed Oct 27, 2010
Insider Transaction Report
Form 4
Bernstein Edward L
Director
Transactions
- Award
Stock Option (Right to Buy)
2010-10-26+30,000→ 50,000 totalExercise: $0.58From: 2010-12-28Exp: 2015-10-25→ Common Stock (30,000 underlying) - Award
Common Stock, $0.001 par value
2010-10-26$0.58/sh+17,271$10,000→ 50,604 total
Footnotes (2)
- [F1]Consists of 17,271 shares of restricted common stock granted to Mr. Bernstein on October 26, 2010. These shares are scheduled to vest in equal quarterly installments on December 28, 2010, March 28, 2011, June 28, 2011 and September 28, 2011. 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 on December 28, 2010, March 28, 2011, June 28, 2011 and September 28, 2011, subject to forfeiture in accordance with the terms of the grant.