JAMES WILLIAM E 4
4 · ENER1 INC · Filed Jan 5, 2011
Insider Transaction Report
Form 4
ENER1 INCHEV
JAMES WILLIAM E
Director
Transactions
- Award
Stock option
2011-01-04+30,000→ 30,000 totalExercise: $3.68From: 2012-01-04Exp: 2016-01-04→ Common stock (30,000 underlying) - Award
Restricted stock
2011-01-04+10,000→ 4,896,281 total
Footnotes (3)
- [F1]Restricted stock vests on the earlier of (i) 1/4/2014 or (ii) the day after such time as the Director fails to get reelected to Ener1's Board of Directors at Ener1's annual shareholders' meeting.
- [F2]Options vest 1/3 on each of the first, second and third anniversaries of the date of grant.
- [F3]4,886,281 shares of Ener1 common stock are indirectly beneficially owned through Rockport Capital Partners.