Home/Filings/4/0001181431-04-008706
4//SEC Filing

PLUG POWER INC 4

Accession 0001181431-04-008706

$PLUGCIK 0001093691operating

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 4:28 PM ET

Size

12.4 KB

Accession

0001181431-04-008706

Insider Transaction Report

Form 4
Period: 2004-02-10
ELTER JOHN F
VP Res. & System Architecture
Transactions
  • Award

    Employee Stock Option

    2001-11-14$8.53/sh+27,000$230,31035,810 total
    Exercise: $8.53Exp: 2011-11-14Common Stock (27,000 underlying)
  • Award

    Plug Power Inc. Common Stock

    2004-02-10+6,71241,303 total
  • Award

    Employee Stock Option

    2004-02-10$9.20/sh+25,000$230,00060,810 total
    Exercise: $9.20Exp: 2014-02-10Common Stock (25,000 underlying)
  • Award

    Employee Stock Option

    2001-11-14$8.53/sh+8,810$75,1498,810 total
    Exercise: $8.53Exp: 2011-11-14Common Stock (8,810 underlying)
Footnotes (5)
  • [F1]Includes 33,333 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 Securities 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. Elter's employment with the Company is terminated.
  • [F2]The stock options vest as follows: 4,405 shares became exercisable on November 14, 2002; 4,405 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 vested on November 14, 2004.
  • [F4]The stock options vest as follows; 8,333 shares become exercisable on August 9, 2004; 8,333 shares become exercisable on February 9, 2005, and 8,334 shares become exercisable on August 9, 2005.
  • [F5]The grant of restricted stock vests as follows: 2,237 shares vest on August 10, 2004; 2,237 shares vest on February 10, 2005; 2,238 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, 4:28 PM ET
Size
12.4 KB