4//SEC Filing
API Nanotronics Corp. 4
Accession 0001181431-07-043693
CIK 0001081078operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 12:37 PM ET
Size
13.6 KB
Accession
0001181431-07-043693
Insider Transaction Report
Form 4
MOSKOVITS MARTIN
Chief Technology Officer
Transactions
- Award
Option (Right to Buy)
2007-07-02+700,000→ 700,000 totalExercise: $1.34From: 2007-06-29Exp: 2011-06-29→ Common Stock (700,000 underlying) - Award
Option (Right to Buy)
2007-07-02+300,000→ 300,000 totalExercise: $1.34From: 2007-06-29Exp: 2011-06-29→ Common Stock (300,000 underlying) - Disposition to Issuer
Option (Right to Buy)
2007-07-02−700,000→ 0 totalExercise: $1.60From: 2007-06-29Exp: 2011-06-29→ Common Stock (700,000 underlying) - Disposition to Issuer
Option (Right to Buy)
2007-07-02−300,000→ 0 totalExercise: $2.06From: 2007-06-29Exp: 2011-06-29→ Common Stock (300,000 underlying)
Footnotes (4)
- [F1]The options vest as follows: 140,000 on June 29, 2007; 140,000 on the date issuer has a facility that can be used for research and development purposes or for the production of nano-related products or such earlier date that the Board of Directors in its discretion decides that this vesting condition has been waived or cannnot be satisfied as a result of decisions made by the Board of Directors; 140,000 on June 29, 2008; 140,000 on June 29, 2010; and 140,000 upon receipt by issuer of $5,000,000 of commitments in total grants or funding from third parties related to the research and/or development of nanotechnology or related products
- [F2]The options vest as follows: 60,000 on June 29, 2007; 60,000 on the date issuer has a facility that can be used for research and development purposes or for the production of nano-related products or such earlier date that the Board of Directors in its discretion decides that this vesting condition has been waived or cannnot be satisfied as a result of decisions made by the Board of Directors; 60,000 on June 29, 2008; 60,000 on June 29, 2010; and 60,000 upon receipt by issuer of $5,000,000 of commitments in total grants or funding from third parties related to the research and/or development of nanotechnology or related products
- [F3]The reporting person agreed to cancellation of an option granted to him on November 6, 2006, in exchange for a new option having a lower exercise price.
- [F4]The reporting person agreed to cancellation of an option granted to him on November 28, 2006, in exchange for a new option having a lower exercise price.
Documents
Issuer
API Nanotronics Corp.
CIK 0001081078
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001081078
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 12:37 PM ET
- Size
- 13.6 KB