CLISHEM JIM 4
4 · ACTIVE POWER INC · Filed Mar 2, 2011
Insider Transaction Report
Form 4
ACTIVE POWER INCACPW
CLISHEM JIM
DirectorPresident and CEO
Transactions
- Award
Employee Stock Option (right to buy)
2011-02-28+275,000→ 275,000 totalExercise: $2.25Exp: 2021-02-28→ Common Stock (275,000 underlying)
Footnotes (1)
- [F1]With continued service, 25% of the option shares shall vest and become exercisable on 2/28/2012, and the balance shall vest and become exercisable in a series of twelve equal quarterly installments upon the completion of each additional quarter of service through 2/28/2015.