Wilson Stephen M 4
4 · NEAH POWER SYSTEMS, INC. · Filed Oct 13, 2009
Insider Transaction Report
Form 4
Transactions
- Award
Stock options
2009-09-28$1.28/sh+258,750$331,200→ 270,750 totalExercise: $1.28Exp: 2019-09-28→ Common stock (258,750 underlying) - Conversion
Common Stock
2009-09-28+80,004→ 80,004 total
Footnotes (4)
- [F1]This represents the shares of common stock on a post reverse split and forward split basis received by Mr. Wilson when the Issuer's Board of Directors required the conversion of the Series A Preferred Stock previously held by Mr. Wilson.
- [F2]The prior grant of 1,200,000 shares (36,000 post split) was cancelled by the Issuer's Board of Directors.
- [F3]25% vest upon grant and 25% vest each six months following the date of grant.
- [F4]The prior grant of 600,000 options (18,000 post split) was cancelled by the Issuer's Board of Directors.