AVERY PATRICK L 4
4 · PROSPECT GLOBAL RESOURCES INC. · Filed Aug 29, 2012
Insider Transaction Report
Form 4
AVERY PATRICK L
DirectorPresident & CEO
Transactions
- Award
Option Right-to-Buy
2012-08-27+150,000→ 900,000 totalExercise: $2.60From: 2013-07-01Exp: 2022-07-01→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]The option grant was approved by a committee of PGRX's board of directors on July 2, 2012, subject to shareholder approval of the proposed increase in the authorized number of shares available under the stock option plan, under which the option was granted. PGRX's shareholders approved the plan increase on August 27, 2012.
- [F2]Option vests 100% on July 1, 2013.
- [F3]Option was granted for no consideration.