Stoner Thomas H Jr. 4
4 · EVERGREEN ENERGY INC · Filed Sep 10, 2010
Insider Transaction Report
Form 4
Stoner Thomas H Jr.
DirectorPresident & CEO
Transactions
- Award
Common Stock, Par Value $.001
2010-09-08$1.46/sh+416,667$608,334→ 480,135 total
Holdings
- 14,932(indirect: By IRA)
Common Stock, Par Value $.001
Footnotes (1)
- [F1]The award will vest in 4 tranches, based upon the attainment of benchmarks and assuming continuous employment. The first 1/3 will vest following achievement of a 12-month positive cash forecast. The remaining 3 tranches will vest as follows: (i) 1/3 upon the attainment of a $2.25 or higher closing price for all trading days within a 60-day consecutive calendar period, (ii) 1/6 will vest upon the attainment of a $3.00 or higher closing price for all trading days within a 60-day consecutive calendar period, and (iii) 1/6 will vest upon the attainment of a $3.75 or higher closing price for all trading days within a 60-day consecutive calendar period. The expiration date of the grant is September 8, 2014.