Home/Filings/4/0001181431-04-008703
4//SEC Filing

PLUG POWER INC 4

Accession 0001181431-04-008703

$PLUGCIK 0001093691operating

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 4:24 PM ET

Size

12.4 KB

Accession

0001181431-04-008703

Insider Transaction Report

Form 4
Period: 2004-02-10
SPERRY MARK A
VP & GM Continuous Power Div
Transactions
  • Award

    Plug Power Inc. Common Stock

    2004-02-10+5,37086,537 total
  • Award

    Employee Stock Option

    2004-02-10$9.20/sh20,000$184,00055,027 total
    Exercise: $9.20Exp: 2014-02-10Common Stock (20,000 underlying)
  • Award

    Employee Stock Option

    2001-11-14$8.53/sh8,027$68,4708,027 total
    Exercise: $8.53Exp: 2011-11-14Common Stock (8,027 underlying)
  • Award

    Employee Stock Option

    2001-11-14$8.53/sh27,000$230,31035,027 total
    Exercise: $8.53Exp: 2011-11-14Common Stock (27,000 underlying)
Footnotes (5)
  • [F1]Includes 80,000 restricted shares of Plug Power common stock (the "Shares") pursuant to Plug Power Inc.'s (the "Company") offer to exchange (the "Offer") in accordance with Rule 13e-4 promulgated under the Securitties Exchange Act of 1934, as amended (the "Exchange Act"). The Offer commenced on May 22, 2003 and expired on June 20, 2003. The Shares vest in three equal installments 21 months, 24 months and 27 months after June 20, 2003. Prior to vesting, the Shares are subject to forfeiture in the event that Mr. Sperry's employment with the Company is terminated.
  • [F2]The stock options vest as follows: 4,014 shares became exercisable on November 14, 2002; 4,013 shares became exercisable on November 14, 2003.
  • [F3]The stock options vest as follows: 9,000 shares became exercisable on November 14, 2002; 9,000 shares became exercisable on November 14, 2003; 9,000 shares become exercisable on November 14, 2004.
  • [F4]The stock options vest as follows: 6,666 shares become exercisable on August 9, 2004; 6,666 shares become exercisable on February 9, 2005; 6,667 shares become exercisable on August 9, 2005.
  • [F5]The grant of restricted stock vests as follows: 1,790 shares vest on August 10, 2004; 1,790 shares vest on February 10, 2005; 1,790 shares vest on August 10, 2005. Prior to vesting, the shares are subject to forfeiture in the event that Mr. Neumann's employment with The Company is terminated.

Issuer

PLUG POWER INC

CIK 0001093691

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001093691

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:24 PM ET
Size
12.4 KB