Arista Power, Inc. 4
4 · Arista Power, Inc. · Filed Aug 2, 2013
Insider Transaction Report
Form 4
Arista Power, Inc.OTCBB:ASPW
Saba Adeeb George
VP Operations
Transactions
- Award
Option
2013-07-31$0.75/sh+20,000$15,000→ 20,000 totalExercise: $0.75Exp: 2019-12-28→ Common Stock (20,000 underlying) - Award
Option
2013-07-31$0.38/sh+100,000$38,000→ 100,000 totalExercise: $0.38Exp: 2023-07-31→ Common Stock (100,000 underlying) - Disposition to Issuer
Option
2013-07-31$5.80/sh−20,000$116,000→ 0 totalExercise: $5.80Exp: 2019-12-28→ Common Stock (20,000 underlying)
Holdings
- 200,000(indirect: By IRA)
Common Stock
- 88,750
Common Stock
Footnotes (3)
- [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 28, 2010, December 28, 2011 and December 28, 2012.
- [F3]The Option will become exercisable in the following installments: (a) 33,333 shares in equal installments on July 31, 2014, July 31, 2015 and July 31, 2016; (b) 33,333 shares upon the Company reporting aggregate revenue in four consecutive quarters of $10 million or more; and (c) 33,334 shares upon the Company reporting positive cash flow from operations in two consecutive quarters.