Kenedi Ronald 4
4 · Akeena Solar, Inc. · Filed Apr 1, 2011
Insider Transaction Report
Form 4
Kenedi Ronald
Director
Transactions
- Award
Common Stock, $0.001 par value
2011-03-31$0.48/sh+62,500$30,000→ 108,627 total - Award
Stock Option (Right to Buy)
2011-03-31+50,000→ 59,452 totalExercise: $0.48From: 2011-06-30Exp: 2016-03-30→ Common Stock (59,452 underlying)
Footnotes (2)
- [F1]Consists of 62,500 shares of restricted common stock granted to Mr. Kenedi on March 31, 2011. These shares are scheduled to vest as to 25% on each of June 30, 2011, September 30, 2011, December 31, 2011 and March 31, 2012. Mr. Kenedi 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 as to 25% on each of June 30, 2011, September 30, 2011, December 31, 2011 and March 31, 2012, subject to forfeiture in accordance with the terms of the grant.