GATHRIGHT RICHARD E 4/A
4/A · SMF ENERGY CORP · Filed Nov 18, 2011
Insider Transaction Report
Form 4/AAmended
SMF ENERGY CORPFUEL
GATHRIGHT RICHARD E
DirectorPresident & CEO
Transactions
- Award
Common Stock
2011-09-26+93,500→ 144,823 total - Other
Option to purchase common stock
2011-11-16+5,556→ 22,224 totalExercise: $2.48Exp: 2013-06-30→ Common Stock (22,224 underlying) - Other
Option to purchase common stock
2011-11-16+16,668→ 22,224 totalExercise: $2.48Exp: 2013-06-30→ Common Stock (22,224 underlying)
Footnotes (3)
- [F1]The vesting schedule for these shares was amended pursuant to a Retirement Agreement, dated as of November 16, 2011, between the Reporting Person and the Company. Of the 93,500 shares of restricted stock granted to the Reporting Person pursuant to the Issuer's 2009 Equity Incentive Plan, 31,500 shares vested on November 1, 2011, and 31,000 shares will vest on July 31, 2012 and 31,000 shares will vest on January 31, 2013, pursuant to the Retirement Agreement.
- [F2]Of the total 144,823 shares listed, 6,745 shares are held in the reporting person's IRA.
- [F3]These options are fully vested and presently exercisable. Per the Retirement Agreement, these options will remain exercisable until June 30, 2013, notwithstanding the termination of the Reporting Person's employment on December 31, 2011.