4//SEC Filing
Beitzel Kevin Lee 4
Accession 0001144204-10-052091
CIK 0001303849other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 6:23 PM ET
Size
9.6 KB
Accession
0001144204-10-052091
Insider Transaction Report
Form 4
Avantair, IncAAIR.OB
Beitzel Kevin Lee
Chief Operating Officer
Transactions
- Tax Payment
Common Stock, par value $.0001
2010-09-30$2.40/sh−330$792→ 46,244 total - Tax Payment
Common Stock, par value $.0001
2010-10-01$2.40/sh−2,204$5,290→ 44,040 total - Award
Stock Option (Right to buy)
2010-10-01+25,000→ 25,000 totalExercise: $2.40Exp: 2020-10-01→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The 330 shares were redeemed by the Issuer from the Reporting Person to satisfy tax withholding obligations in connection with the share vesting on September 30, 2010. The shares were redeemed in relation to the 15,000 shares of Restricted Stock granted on June 30, 2008 pursuant to the Company's Long-Term Incentive Plan. One-third of the shares vested on June 30, 2009, and one-twelfth of the shares vest every three months thereafter.
- [F2]The 2,204 shares were redeemed by the Issuer from the Reporting Person to satisfy tax withholding obligations in connection with the share vesting on October 1, 2010. The shares were redeemed in relation to the 25,000 shares of Restricted Stock granted on October 1, 2009 pursuant to the Company's Long-Term Incentive Plan. One-third of the shares vested on October 1, 2010, and one-twelfth of the shares vest every three months thereafter.
- [F3]Represents 25,000 stock options granted pursuant to the Company's Long-Term Incentive Plan. One-third of the shares vest on October 1, 2011, and one-twelfth of the shares vest every three months thereafter.
Documents
Issuer
Avantair, Inc
CIK 0001303849
Entity typeother
Related Parties
1- filerCIK 0001432202
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 6:23 PM ET
- Size
- 9.6 KB