Hill A. Judson 4
4 · Abtech Holdings, Inc. · Filed Oct 17, 2012
Insider Transaction Report
Form 4
Hill A. Judson
Director
Transactions
- Award
Stock Option (right to buy)
2011-12-14+40,000→ 679,284 totalExercise: $0.42Exp: 2021-12-14→ Common Stock (40,000 underlying) - Award
Stock Option (right to buy)
2011-12-14+240,000→ 679,284 totalExercise: $0.42Exp: 2021-12-14→ Common Stock (240,000 underlying)
Footnotes (2)
- [F1]Option vests 25% on each of the first four anniversary dates of grant date.
- [F2]Option vests upon the Company achieving in calendar-year 2012 a gross margin of at least $5 million dollars on sales revenue recognized during that year. In the event this performance incentive is not met in 2012, the options covered by this award will expire.