COVEY CARLA S 4
4 · SYNTROLEUM CORP · Filed Apr 26, 2005
Insider Transaction Report
Form 4
SYNTROLEUM CORPSYNM
COVEY CARLA S
VP Finance/Controller
Transactions
- Award
Incentive Stock Option (right to buy)
2005-03-29+32,085→ 32,085 totalExercise: $9.35From: 2006-03-29Exp: 2015-03-29→ Common Stock (32,085 underlying) - Award
Non-Qualified Stock Option (right to buy)
2005-03-29+2,915→ 2,915 totalExercise: $9.35From: 2006-03-29Exp: 2015-03-29→ Common Stock (2,915 underlying)
Footnotes (2)
- [F1]The grant of options to Ms. Covey was approved by Syntroleum's Nominating and Compensation Committee on March 29, 2005, subject to stockholder approval of the Syntroleum Corporation 2005 Stock Incentive Plan (the "Plan"). On April 25, 2005, Syntroleum's stockholders approved the Plan.
- [F2]The stock option becomes exercisable in three equal annual installments, commencing one year after the Transaction Date (date of grant).