4//SEC Filing
CRESCI JOE 4
Accession 0001181431-06-000305
CIK 0000805012other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:24 PM ET
Size
6.5 KB
Accession
0001181431-06-000305
Insider Transaction Report
Form 4
ENVIRONMENTAL POWER CORP( EPG )
CRESCI JOE
Director10% OwnerOther
Transactions
- Award
Non-Statutory Stock Option (right to buy)
2005-12-30+50,000→ 200,000 totalExercise: $5.70From: 2005-12-30Exp: 2009-07-13→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]On July 13, 2005, the reporting person was granted an option to purchase 200,000 shares of common stock. The option vests in two installments of 150,000 shares and 50,000 shares, respectively, subject thereto upon satisfaction of certain performance criteria. The option vested as to 150,000 shares on September 22, 2005, as previously reported. On December 30, 2005, the performance criteria for the remaining 50,000 shares were met, resulting in the vesting of the option as to such shares.
- [F2]Not applicable.
- [F3]The Form 4/A filed by the reporting person on September 26, 2005 inadvertently reported the price of the derivative security representing the balance of this option then vested as $5.70. There was, in fact, no amount paid by the reporting person for any portion of this option.
Documents
Issuer
ENVIRONMENTAL POWER CORP
CIK 0000805012
Entity typeother
Related Parties
1- filerCIK 0001156302
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:24 PM ET
- Size
- 6.5 KB