Hill Randolph J. 4
4 · US GEOTHERMAL INC · Filed Apr 26, 2018
Insider Transaction Report
Form 4
Hill Randolph J.
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−8,000→ 0 totalExercise: $4.08From: 2017-03-28Exp: 2022-03-28→ Common Shares (8,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2018-04-24−16,666→ 0 totalExercise: $4.32From: 2016-09-30Exp: 2021-09-30→ Common Shares (16,666 underlying)
Footnotes (4)
- [F1]Reflects grant date; the options were subject to a vesting schedule and were 75% vested as of the effective date of a merger agreement between the Issuer and Ormat Nevada Inc., a subsidiary of Ormat Technologies, Inc. (the "Ormat Merger").
- [F2]The reporting person received $10,960 as consideration for cancellation of the options pursuant to the Ormat Merger.
- [F3]Adjusted to reflect 6:1 stock consolidation effective November 10, 2016.
- [F4]The reporting person received $18,832.58 as consideration for cancellation of the options pursuant to the Ormat Merger.