OLIVERI THOMAS 4
4 · Clear Skies Solar, Inc · Filed Aug 27, 2009
Insider Transaction Report
Form 4
Clear Skies Solar, IncCSKH.OB
OLIVERI THOMAS
President & COO
Transactions
- Award
Employee Stock Option (right to buy)
2009-07-29+300,000→ 300,000 totalExercise: $0.09From: 2009-07-29Exp: 2019-07-28→ Common Stock (300,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-07-29−75,000→ 0 totalExercise: $0.91Exp: 2018-07-27→ Common Stock (75,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-07-29−225,000→ 0 totalExercise: $1.25Exp: 2018-04-13→ Common Stock (225,000 underlying)
Footnotes (4)
- [F1]The reporting person agreed to the cancellation of an option granted to him on July 28, 2008, in exchange for a new option having a lower exercise price.
- [F2]The option becomes exercisable in three equal installments on July 28, 2009, July 28, 2010 and July 28, 2011.
- [F3]The option becomes exercisable in three equal installments on April 14, 2009, April 14, 2010 and April 14, 2011.
- [F4]The reporting person agreed to the cancellation of an option granted to him on April 14, 2008, in exchange for a new option having a lower exercise price.