4//SEC Filing
Aldrich Robert C. 4
Accession 0001144204-10-019135
CIK 0001260996other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 4:15 PM ET
Size
21.1 KB
Accession
0001144204-10-019135
Insider Transaction Report
Form 4
Aldrich Robert C.
Chief Security Officer
Transactions
- Award
Non-Qualified Stock Option (Right to buy)
2010-04-06+100,000→ 100,000 totalExercise: $0.40Exp: 2017-01-25→ Common Stock (100,000 underlying)
Holdings
- 10,000
Non-Qualified Stock Option (Right to buy)
Exercise: $2.00Exp: 2014-12-14→ Common Stock (10,000 underlying) - 7,500
Non-Qualified Stock Option (Right to buy)
Exercise: $2.00Exp: 2015-02-20→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]On April 6, 2010, the Reporting Person was granted an option to purchase 100,000 shares of common stock of the Issuer effective as of January 25, 2010 (the "Effective Date"), pursuant to a January 25, 2010 amendment to the Reporting Person's employment agreement with the Company. 40% of the option vested as of the Effective Date, and 20% of the option vests annually thereafter with the first 20% vesting upon the first anniversary of the Effective Date.
- [F2]Option was granted on December 14, 2007, and vests at the rate of 20% per year with the first 20% vesting upon the first anniversary of the grant date.
- [F3]Option was granted on February 20, 2008, and vests at the rate of 20% per year with the first 20% vesting upon the first anniversary of the grant date.
Documents
Issuer
AMERICAN DEFENSE SYSTEMS INC
CIK 0001260996
Entity typeother
Related Parties
1- filerCIK 0001462008
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 4:15 PM ET
- Size
- 21.1 KB