|4Aug 27, 2:41 PM ET

Stevenson Gelvin 4

4 · Clear Skies Solar, Inc · Filed Aug 27, 2009

Insider Transaction Report

Form 4
Period: 2009-07-29
Transactions
  • Award

    Employee Stock Option (right to buy)

    2009-07-29+90,00090,000 total
    Exercise: $0.13From: 2009-07-29Exp: 2019-07-28Common Stock (90,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2009-07-2990,0000 total
    Exercise: $1.30Exp: 2018-04-30Common Stock (90,000 underlying)
Footnotes (2)
  • [F1]The reporting person agreed to the cancellation of an option granted to him on May 1, 2008, in exchange for a new option having a lower exercise price.
  • [F2]The option becomes exercisable in three equal installments on May 1, 2009, May 1, 2010 and May 1, 2011.

Documents

1 file
  • 4
    v159142_ex.xmlPrimary