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Basin Water, Inc.·4

Oct 30, 9:51 PM ET

Stark Michael M 4

4 · Basin Water, Inc. · Filed Oct 30, 2006

Insider Transaction Report

Form 4
Period: 2006-10-27
Basin Water, Inc.BWTR
Stark Michael M
President & CEO
Transactions
  • Award

    Common Stock

    2006-10-27+200,000→ 200,000 total
  • Award

    Stock options (right to buy)

    2006-10-27+300,000→ 300,000 total
    Exercise: $8.35Exp: 2016-10-27→ Common Stock (300,000 underlying)
Footnotes (1)
  • [F1]The option becomes exercisable, if at all, in three, 100,000-share increments if the closing price of Basin Water, Inc.'s common stock on the NASDAQ Global Market for a period of at least 45 consecutive days equals or exceeds $15.25 (within the three year period from the date of the grant), $19.00 (within the three year period from the date of the grant) and $23.50 (within the four year period from the date of the grant), respectively.

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