RASER TECHNOLOGIES INC 4
4 · RASER TECHNOLOGIES INC · Filed Jan 21, 2011
Insider Transaction Report
Form 4
HERICKHOFF JAMES A
Director
Transactions
- Award
Restricted Stock
2011-01-19+18,518→ 0 total→ Common Stock (18,518 underlying) - Award
Restricted Stock
2010-06-09+182,692→ 0 total→ Common Stock (182,692 underlying)
Holdings
- 58,500
Common Stock
- 5,000(indirect: Held in Street Name)
Common Stock
- 259,543
Stock Options
Exercise: $1.16From: 2010-03-04Exp: 2019-12-04→ Common Stock (25,000 underlying) - 0
Stock Options
Exercise: $25.95From: 2006-04-19Exp: 2015-04-18→ Common Stock (33,333 underlying)
Footnotes (4)
- [F1]A total of 33,333 shares became exercisable on April 19, 2006.
- [F2]Stock Options vest at a rate of 1/20 per quarter until 12/04/2014.
- [F3]Consists of deferred stock units issued under the Raser Technologies, Inc. Amended and Restated 2004 Long-Term Incentive Plan with respect to shares issued to the reporting person and for the annual retainer fees for non-employee directors. Each deferred stock unit will vest on June 9. 2011 and will enable the reporting person to receive one share of common stock for each deferred stock unit following the reporting person's retirement or termination of service from the Board of Directors for any reason. The reporting person may not sell or receive value from any deferred stock unit prior to the termination of service. The shares will be delivered to the reporting person in a lump sum at such time.
- [F4]Consists of deferred stock units issued under the Raser Technologies, Inc. Amended and Restated 2004 Long-Term Incentive Plan with respect to shares issued to the reporting person and for the annual retainer fees for non-employee directors. Each deferred stock unit vested immediately and will enable the reporting person to receive one share of common stock for each deferred stock unit following the reporting person's retirement or termination of service from the Board of Directors for any reason. The reporting person may not sell or receive value from any deferred stock unit prior to the termination of service. The shares will be delivered to the reporting person in a lump sum at such time.