4//SEC Filing
Glaspey Douglas J 4
Accession 0001140361-18-019890
CIK 0001172136other
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 9:35 PM ET
Size
16.8 KB
Accession
0001140361-18-019890
Insider Transaction Report
Form 4
Glaspey Douglas J
DirectorChief Operating Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−43,333→ 0 totalExercise: $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 totalExercise: $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 totalExercise: $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 totalExercise: $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 totalExercise: $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
Issuer
US GEOTHERMAL INC
CIK 0001172136
Entity typeother
Related Parties
1- filerCIK 0001427832
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 9:35 PM ET
- Size
- 16.8 KB