Johnson Roger Scott 4
4 · POWER EFFICIENCY CORP · Filed Aug 26, 2009
Insider Transaction Report
Form 4
Johnson Roger Scott
Chief Operating Officer
Transactions
- Award
Common Stock Options
2009-07-16$0.22/sh+1,500,000$330,000→ 1,500,000 totalExercise: $0.22Exp: 2019-07-15→ Common Stock (1,500,000 underlying) - Award
Common Stock Options
2009-07-16$0.22/sh+500,000$110,000→ 2,000,000 totalExercise: $0.22Exp: 2019-07-15→ Common Stock Warrants (500,000 underlying)
Footnotes (2)
- [F1]300000 vest on 7/3/2010, then 75000 vest quarterly through 7/3/2014.
- [F2]500000 vest at the discretion of the Company's CEO, based on performance.