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Andalay Solar, Inc. 4

Accession 0001140361-13-041496

CIK 0001347452operating

Filed

Nov 7, 7:00 PM ET

Accepted

Nov 8, 7:48 PM ET

Size

8.1 KB

Accession

0001140361-13-041496

Insider Transaction Report

Form 4
Period: 2013-11-06
Randazzo Margaret R
Chief Financial Officer
Transactions
  • Award

    Common Stock, $0.001 par value

    2013-11-06+1,250,0001,284,025 total
  • Award

    Stock options

    2013-11-06+2,500,0002,500,000 total
    Exercise: $0.03From: 2013-11-06Exp: 2018-11-05Common Stock (2,500,000 underlying)
Footnotes (2)
  • [F1]These shares of common stock are "restricted" and were granted to Ms. Randazzo pursuant to the Andalay Solar, Inc. 2006 Stock Incentive Plan. Restricted stock grants will vest quarterly over one-year period, with first one-fourth vesting on date of grant and second, third and fourth vestings occurring on February 6, 2014, May 6, 2014 and August 6, 2014, respectively. Until such shares vest, they are subject to forfeiture in accordance with the terms of the grant including Ms. Randazzo's continuing service with the Company; however, Ms. Randazzo is entitled to vote such restricted shares until they are forfeited or transferred.
  • [F2]These stock options were granted to Ms. Randazzo pursuant to the Andalay Solar, Inc. 2006 Stock Incentive Plan. Stock option grants will vest annually over three year period, with first one-third vesting on date of grant and second and third vestings occurring on November 6, 2014 and November 6, 2015, respectively.

Documents

1 file

Issuer

Andalay Solar, Inc.

CIK 0001347452

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001347452

Filing Metadata

Form type
4
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 7:48 PM ET
Size
8.1 KB