RAANAN AVNER 4
4 · GLOBAL ENERGY INC · Filed Mar 29, 2011
Insider Transaction Report
Form 4
RAANAN AVNER
Director
Transactions
- Award
Options (right to buy)
2011-03-28+600,000→ 1,350,000 totalExercise: $0.02From: 2010-01-31Exp: 2013-01-31→ Common Stock (600,000 underlying) - Award
Options (right to buy)
2011-03-28+600,000→ 2,550,000 totalExercise: $0.04From: 2010-01-31Exp: 2013-01-31→ Common Stock (600,000 underlying) - Award
Options (right to buy)
2011-03-28+600,000→ 1,950,000 totalExercise: $0.03From: 2010-01-31Exp: 2013-01-31→ Common Stock (600,000 underlying)
Footnotes (3)
- [F1](i) One-third of the 1,800,000 options issued to the Reporting Person have an exercise price of $0.0243; (ii) one-third of the options have an exercise price of $0.0304; and (iii) one-third of the options have an exercise price of $0.0365.
- [F2]The options were granted for no cash consideration pursuant to the 2007 Share Option Plan.
- [F3]These options were approved by the Board of Directors on January 31, 2010; an option agreement was executed on March 28, 2011.