4//SEC Filing
Stoner Thomas H Jr. 4
Accession 0001179110-11-010617
CIK 0000912365other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 1:39 PM ET
Size
13.9 KB
Accession
0001179110-11-010617
Insider Transaction Report
Form 4
Stoner Thomas H Jr.
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Stock Option
2011-07-01−41,667→ 260,000 totalExercise: $11.52From: 2009-06-24Exp: 2014-06-24→ Common Stock (41,667 underlying) - Disposition to Issuer
Restricted Stock
2011-07-01−250,000→ 0 totalFrom: 2009-06-24→ Common Stock (250,000 underlying) - Award
Restricted Stock
2011-07-01+100,000→ 100,000 total→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2011-07-01$1.46/sh−208,334$304,168→ 252,026 total - Award
Common Stock
2011-07-01$1.46/sh+208,334$304,168→ 460,360 total
Footnotes (4)
- [F1]The two reported transactions involved an amendment of an outstanding award, resulting in the deemed cancellation of the "old" award and the grant of a replacement award. The award was originally granted on September 8, 2010 and was amended effective July 1, 2011 to provide for: (i) the vesting and issuance of 138,889 shares of restricted stock upon the Reporting Person's resignation as a member of Issuer's Board of Directors; and (ii) the extension and additional vesting of 69,445 shares of restricted stock upon the attainment of a $3.75 or higher average closing price of Issuer's shares within a 60-day consecutive period, provided the closing price condition to the vesting of such shares is achieved prior to the Reporting Person's resignation as a member of Issuer's Board of Directors.
- [F2]The option was originally granted on June 24, 2009 and is forfeited upon the Reporting Person's resignation as the Issuer's Chief Executive Officer, effective July 1, 2011.
- [F3]Each restricted stock award represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]The two reported transactions involved an amendment of an outstanding award, resulting in the deemed cancellation of the "old" award and the grant of a replacement award. The award was originally granted on June 24, 2009 and was amended effective July 1, 2011 to provide for the forfeiture of 150,000 shares from a grant of 250,000 shares of restricted stock, upon the Reporting Person's resignation as the Issuer's Chief Executive Officer, effective July 1, 2011, and the issuance of 100,000 shares of restricted stock upon the Reporting Person's resignation as a member of Issuer's Board of Directors.
Documents
Issuer
EVERGREEN ENERGY INC
CIK 0000912365
Entity typeother
Related Parties
1- filerCIK 0001465890
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 1:39 PM ET
- Size
- 13.9 KB