Akeena Solar, Inc. 4
4 · Akeena Solar, Inc. · Filed Jan 22, 2008
Insider Transaction Report
Form 4
EFFREN GARY R
Chief Financial Officer
Transactions
- Award
Common Stock, $0.001 par value
2008-01-17+6,918→ 356,918 total
Footnotes (2)
- [F1]Consists of 6,918 shares of nonqualified stock options ("Options") granted to Mr. Effren on January 17, 2008. Each Option will have a one year term, and will be subject to vesting based on the Mr. Effren's continuing service with the Company, with the shares vesting on the anniversary of the grant date. Each Option will otherwise be subject to the terms and conditions of a standard form of stock option agreement as approved by the Compensation Committee of the Company.
- [F2]Includes 350,000 shares of nonqualified stock options granted on September 7, 2007 which vest 30% annually on each of the first three anniversaries of the grant date.