SILVERMAN STEVEN LAWRENCE 4
4 · AXION INTERNATIONAL HOLDINGS, INC. · Filed May 12, 2011
Insider Transaction Report
Form 4
AXION INTERNATIONAL HOLDINGS, INC.OTCBB : AX
SILVERMAN STEVEN LAWRENCE
DirectorPresident and COO
Transactions
- Award
Stock options
2011-05-10+150,000→ 150,000 totalExercise: $1.20From: 2011-05-10Exp: 2018-05-10→ Common Stock (150,000 underlying) - Award
Stock options
2011-05-10+150,000→ 150,000 totalExercise: $1.75Exp: 2018-05-10→ Common Stock (150,000 underlying) - Award
Stock options
2011-05-10+100,000→ 100,000 totalExercise: $2.00Exp: 2018-05-10→ Common Stock (100,000 underlying) - Award
Stock options
2011-05-10+200,000→ 200,000 totalExp: 2018-05-10→ Common Stock (200,000 underlying)
Footnotes (4)
- [F1]Becomes vested and exercisable when AXIH achieves $20 million in sales during any fiscal year
- [F2]Becomes vested and exercisable when AXIH achieves $50 million in sales during any fiscal year
- [F3]Market price of AXIH common stock on date achieves designated management objective
- [F4]Becomes vested and exercisable when Mr. Silverman attains certain designated management objectives