Bauer Michael Anthony 4
4 · Nexxus Lighting, Inc. · Filed Jan 20, 2010
Insider Transaction Report
Form 4
Bauer Michael Anthony
DirectorPresident and CEO
Transactions
- Award
Common Stock Option
2010-01-15+12,050→ 12,050 totalExercise: $7.34From: 2010-01-15Exp: 2019-01-04→ Common Stock (12,050 underlying)
Footnotes (1)
- [F1]Pursuant to the reporting person's employment agreement dated February 11, 2008, effective as of January 1, 2008, the reporting person was granted an option to purchase 75,000 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 12,050 shares on January 15, 2010. The remaining options expired unvested because the company did not achieve the specified performance milestones.