SEIDEL JEFFREY 4
4 · ENER1 INC · Filed Feb 11, 2010
Insider Transaction Report
Form 4
ENER1 INCHEV
SEIDEL JEFFREY
Chief Strategy Officer
Transactions
- Award
Restricted common stock
2010-02-08+30,000→ 40,000 total - Disposition to Issuer
Stock option
2010-02-08−6,000→ 89,000 totalExercise: $4.05From: 2010-02-17Exp: 2014-02-17→ Common stock (14,000 underlying)
Holdings
- 10,000
Common stock
- 20,000
Stock option
Exercise: $7.25From: 2009-10-30Exp: 2013-10-30→ Common stock (20,000 underlying) - 75,000
Stock option
Exercise: $7.25From: 2009-10-30Exp: 2013-10-30→ Common stock (55,000 underlying)
Footnotes (4)
- [F1]Incentive stock option vests one third on each annual anniversary date.
- [F2]Performance based options which are earned based upon achieving certain performance goals. Options that are earned vest one third on each annual anniversary date of the grant. The performance milestones related to the stock options were evaluated on February 8, 2010, and 55,000 options were determined to be earned.
- [F3]Performance based option. The performance milestones related to the stock options were evaluated on February 8, 2010, and 14,000 options were determined to be earned and 6,000 options were forfeited. The options vest on February 17, 2010.
- [F4]Restricted stock grant under the 2007 Incentive Stock Plan vests on February 8, 2012 subject to the executive remaining a full time employee on the date of vesting.