Arista Power, Inc. 4
4 · Arista Power, Inc. · Filed Aug 2, 2013
Insider Transaction Report
Form 4
Arista Power, Inc.OTCBB:ASPW
MATTHEWS MARK
VP Sales & Marketing
Transactions
- Award
Option
2013-07-31$0.75/sh+5,000$3,750→ 5,000 totalExercise: $0.75Exp: 2020-08-10→ Common Stock (5,000 underlying) - Disposition to Issuer
Options
2013-07-31$5.20/sh−5,000$26,000→ 0 totalExercise: $5.20Exp: 2020-08-10→ Common Stock (5,000 underlying) - Disposition to Issuer
Option
2013-07-31$5.20/sh−2,500$13,000→ 0 totalExercise: $5.20From: 2013-08-10Exp: 2020-08-10→ Common Stock (2,500 underlying) - Award
Option
2013-07-31$0.38/sh+750,000$285,000→ 750,000 totalExercise: $0.38Exp: 2023-07-31→ Common Stock (750,000 underlying) - Award
Option
2013-07-31$0.75/sh+7,500$5,625→ 7,500 total(indirect: By IRA)Exercise: $0.75Exp: 2019-12-17→ Common Stock (7,500 underlying) - Award
Option
2013-07-31$0.75/sh+2,500$1,875→ 2,500 totalExercise: $0.75From: 2013-08-10Exp: 2020-08-10→ Common Stock (2,500 underlying) - Disposition to Issuer
Option
2013-07-31$5.80/sh−7,500$43,500→ 0 totalExercise: $5.80Exp: 2019-12-17→ Common Stock (7,500 underlying)
Holdings
- 175,000(indirect: By IRA)
Common Stock
- 142,619
Common Stock
Footnotes (4)
- [F1]The reported transactions involved an amendment to outstanding options resulting in the deemed cancellation of the "old" options and the grant of "replacement" options.
- [F2]The Option became exercisable in equal installments on December 17, 2010, December 17, 2011 and December 17, 2012.
- [F3]The Option became exercisable in equal installments on August 10, 2011 and August 10, 2012.
- [F4]The Option will become exercisable in the following installments: (a) 250,000 shares in equal installments on July 31, 2014, July 31, 2015 and July 31, 2016; (b) 250,000 shares upon the Company reporting aggregate revenue in four consecutive quarters of $10 million or more; and (c) 250,000 shares upon the Company reporting positive cash flow from operations in two consecutive quarters.