Glaspey Douglas J 4

4 · US GEOTHERMAL INC · Filed Apr 26, 2018

Form 4

Period: 2018-04-24

DirectorChief Operating Officer

Transactions

Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−43,333→ 0 total
Exercise: $4.02From: 2016-03-31Exp: 2021-03-31→ Common Shares (43,333 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−63,333→ 0 total
Exercise: $2.88From: 2015-05-15Exp: 2020-05-15→ Common Shares (63,333 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−36,666→ 0 total
Exercise: $4.44From: 2014-04-02Exp: 2019-04-01→ Common Shares (36,666 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−25,000→ 0 total
Exercise: $2.76From: 2013-07-22Exp: 2018-07-22→ Common Shares (25,000 underlying)
Disposition to Issuer
Common Shares
2018-04-24$5.45/sh−131,614$717,296→ 0 total
Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−37,363→ 0 total
Exercise: $4.08From: 2017-03-28Exp: 2022-03-28→ Common Shares (37,363 underlying)

Footnotes (9)

[F1]The shares were disposed of pursuant to a merger agreement between the Issuer and Ormat Nevada Inc., a subsidiary of Ormat Technologies, Inc. (the "Ormat Merger").
[F2]Reflects grant date; the options were subject to a vesting schedule and were 75% vested on the date of the Ormat Merger.
[F3]The reporting person received $51,187.31 as consideration for cancellation of the options pursuant to the Ormat Merger.
[F4]Adjusted to reflect 6:1 stock consolidation effective November 10, 2016.
[F5]Reflects grant date; options were subject to a vesting schedule and were 100% vested on the date of the Ormat Merger.
[F6]The reporting person received $61,966.19 as consideration for cancellation of the options pursuant to the Ormat Merger.
[F7]The reporting person received $162,765.81 as consideration for cancellation of the options pursuant to the Ormat Merger.
[F8]The reporting person recevied $37,032.66 as consideration for cancellation of the options pursuant to the Ormat Merger.
[F9]The reporting person received $67,250.00 as consideration for cancellation of the options pursuant to the Ormat Merger.

Documents

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