SILVESTRI GREGORY A 4
4 · PLUG POWER INC · Filed Aug 19, 2004
Insider Transaction Report
Form 4
PLUG POWER INCPLUG
SILVESTRI GREGORY A
Chief Operating Officer
Transactions
- Disposition to Issuer
Plug Power Inc. Common Stock
2004-08-17$5.00/sh−2,370$11,850→ 38,153 total
Footnotes (2)
- [F1]Sale of shares to satisfy income tax withholding obligation upon vesting of restricted stock on 8-10-04.
- [F2]Includes 26,666 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. Silvestri's employment with the Company is terminated.