Stanley Richard L. 4
4 · ENER1 INC · Filed Jun 10, 2010
Insider Transaction Report
Form 4
ENER1 INCHEV
Stanley Richard L.
President, EnerDel, Inc.
Transactions
- Award
Restricted stock
2010-06-03+125,000→ 155,000 total - Award
Stock options
2010-06-03+150,000→ 250,000 totalExercise: $3.47From: 2014-06-03Exp: 2017-06-03→ Common stock (150,000 underlying)
Holdings
- 100,000
Stock options
Exercise: $6.90From: 2010-09-14Exp: 2014-09-14→ common stock (100,000 underlying)
Footnotes (3)
- [F1]Restricted stock granted under the 2007 Incentive Stock Plan of which 75,000 shares vest on the third anniversary of the grant date subject to meeting performance milestones, and 50,000 shares vest one-third on each anniversary of the grant date over the course of three years. Total restricted common stock includes grant on September 14, 2009 of 30,000 shares of restricted common stock under the 2007 Incentive Stock Plan which vests ratably over three years on the anniversary of the grant.
- [F2]Incentive stock option granted under the 2007 Incentive Stock Plan vests one-half on each of the fourth and fifth anniversary of the grant date.
- [F3]Stock options are subject to the achievement of specific performance objectives, and if earned, will vest ratably over three years.