Moseley T Michael 4

4 · LIGHTING SCIENCE GROUP CORP · Filed Jan 14, 2011

Form 4

Period: 2010-12-21

Director

Transactions

Exercise/Conversion
Common Stock
2011-01-03$3.30/sh+18,182$60,001→ 98,182 total
Award
Option (Right to Buy)
2010-12-21+36,364→ 36,364 total
Exercise: $3.30From: 2010-12-21Exp: 2011-01-03→ Common Stock (36,364 underlying)
Exercise/Conversion
Option (Right to Buy)
2011-01-03−18,182→ 18,182 total
Exercise: $3.30From: 2010-12-21Exp: 2011-01-03→ Common Stock (18,182 underlying)
Award
Option (Right to Buy)
2011-01-03+12,000→ 12,000 total
Exercise: $3.30Exp: 2021-01-03→ Common Stock (12,000 underlying)

Footnotes (3)

[F1]The reporting person was granted an option to receive up to 36,364 shares of the Issuer's common stock for $3.30 per share in lieu of receiving $120,000 as cash compensation for serving as a non-employee director of the Issuer during the 2011 fiscal year.
[F2]The reporting person elected to receive 18,182 shares of common stock in lieu of receiving $60,000 as cash compensation for serving as a non-employee director of the Issuer during the 2011 fiscal year. The remaining election rights under the option expired on January 3, 2011.
[F3]The stock options vest in equal quarterly installments on the first trading day immediately following the end of each fiscal quarter of 2011 and are subject to the terms of Lighting Science Group Corporation's Amended and Restated Equity-Based Compensation Plan.

Documents

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