Langford Gary Richard 4
4 · Nexxus Lighting, Inc. · Filed Jan 20, 2010
Insider Transaction Report
Form 4
Langford Gary Richard
Chief Financial Officer
Transactions
- Award
Common Stock Option
2010-01-15+4,820→ 4,820 totalExercise: $6.42From: 2010-01-15Exp: 2019-05-20→ Common Stock (4,820 underlying)
Footnotes (1)
- [F1]Pursuant to the reporting person's employment agreement dated December 30, 2008 and the reporting person's annual compensation plan, the reporting person was granted an option to purchase 40,000 shares of common stock. Vesting of the option was subject to the company's satisfaction of certain performance criteria for the year ended December 31, 2009. The option vested as to 4,820 shares on January 15, 2010. The remaining options expired unvested because the company did not achieve the specified performance milestones.