Payne Richard A 4
4 · ZBB ENERGY CORP · Filed Jul 2, 2010
Insider Transaction Report
Form 4
Payne Richard A
Director
Transactions
- Award
RESTRICTED STOCK UNITS
2010-06-30+100,000→ 100,000 total→ COMMON STOCK (100,000 underlying)
Footnotes (2)
- [F1]Any Restricted Stock Units that become earned and vested shall be payable at the earlier of (i) six months after Separation from Service or (ii) the date of a Change in Control, as defined. Payment may be made in cash or stock at the discretion of the company.
- [F2]Vesting is as follows: 45,455 units vested on June 30, 2010 and 54,545 units vest on November 10, 2010.