Comverge, Inc. 4
4 · Comverge, Inc. · Filed Apr 19, 2007
Insider Transaction Report
Form 4
Comverge, Inc.COMV
Magnotti Frank A
PRES.-CLEAN ENERGY SOLUTIONS
Transactions
- Award
Common Stock
2007-04-18+4,479→ 131,954 total - Sale
Common Stock
2007-04-18$18.00/sh−12,723$229,014→ 127,475 total - Conversion
Common Stock
2007-04-18+12,723→ 140,198 total - Conversion
Series A Preferred Stock
2007-04-18−25,447→ 0 total→ Common Stock (12,723 underlying) - Award
Stock Option (Right to Buy)
2007-04-18+26,875→ 26,875 totalExercise: $18.00Exp: 2014-04-11→ Common Stock (26,875 underlying)
Holdings
- 6,500(indirect: See Footnote)
Common Stock
Footnotes (6)
- [F1]The preferred stock converted into Comverge, Inc.'s common stock on a 1-for-1 basis and had no expiration date.
- [F2]These share numbers reflect a 1-for-2 reverse stock split which became effective on April 18, 2007.
- [F3]Includes 127,475 shares are owned jointly by Mr. Magnotti and his wife.
- [F4]Securities granted on April 12, 2007, but remained subject to forfeiture until closing of the company's initial public offering on April 18, 2007.
- [F5]Share are owned indirectly by Mr. Magnotti on behalf of his children.
- [F6]Options vest one-sixteenth every three months over four years commencing July 12, 2007.