LACEY PETER ALAN 4
4 · DAYSTAR TECHNOLOGIES INC · Filed Jan 25, 2011
Insider Transaction Report
Form 4
LACEY PETER ALAN
10% Owner
Transactions
- Award
Stock option - right to buy
2011-01-21+25,000→ 25,000 totalExercise: $1.71From: 2011-01-21Exp: 2016-01-20→ Common Stock (25,000 underlying) - Award
Common Stock
2011-01-21+25,000→ 40,556 total
Footnotes (3)
- [F1]Represents restricted stock units, payable in common stock, vesting March 15, 2011, subject to Mr. Lacey's continuous service with the Company, as defined in its Amended and Restated 2006 Equity Incentive Plan. This grant is a part of Mr. Lacey's annual director compensation.
- [F2]Represents an option, immediately vested, as defined in the Company's Amended and Restated 2006 Equity Incentive Plan. This grant is a part of Mr. Lacey's annual director compensation.
- [F3]Mr. Lacey's option is priced at 110% of the market value of the Company's common stock as of January 21, 2011, and has a five year term, pursuant to provisions of the Company's Amended and Restated Equity Incentive Plan with regard to the issuance of options to holders of 10% or more of the Company's securities as of the date of the grant.