Thomas Michael Eric 4
4 · ENVIRONMENTAL POWER CORP · Filed Aug 21, 2009
Insider Transaction Report
Form 4
ENVIRONMENTAL POWER CORP( EPG )
Thomas Michael Eric
SVP, Chief Financial Officer
Transactions
- Award
Common Stock
2009-08-19$0.01/sh+12,500$125→ 16,671 total - Award
Stock Appreciation Right
2009-08-19+25,000→ 25,000 totalExercise: $0.55Exp: 2019-08-18→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Represents shares of common stock subject to a restricted stock award under the Company's 2006 Equity Incentive Plan. The award vests in three equal annual installments beginning on August 19, 2010, and vests in full upon a change in control, as defined.
- [F2]Represents the number of shares of common stock used to measure the appreciation in value, if any, of the stock appreciation right. The stock appreciation right may be settled in cash, in shares of common stock, or in a combination thereof at the election of the Company.
- [F3]The stock appreciation right becomes exercisable in three equal annual installments beginning on August 19, 2010, and becomes exercisable in full upon a change in control, as defined.
- [F4]Not Applicable.