PANDA ETHANOL, INC. 4
4 · PANDA ETHANOL, INC. · Filed Dec 8, 2008
Insider Transaction Report
Form 4
Carter Todd W
Director
Transactions
- Award
Common Stock, par value $0.001 per share
2008-12-05+164,101→ 170,080 total - Disposition to Issuer
Employee Stock Option (right to buy)
2008-12-05−10,000→ 0 totalExercise: $2.00Exp: 2018-04-18→ Common Stock, par value $0.001 per share (10,000 underlying) - Award
Employee Stock Option (right to buy)
2008-12-05+15,000→ 15,000 totalExercise: $0.36Exp: 2018-04-18→ Common Stock, par value, $0.001 per share (15,000 underlying)
Footnotes (4)
- [F1]These shares were received in lieu of cash for board of director and board committee retainer and meeting fees, pursuant to the election of the board member.
- [F2]The option vests in two equal annual installments beginning on December 31, 2008.
- [F3]On December 5, 2008, the issuer canceled an option granted to the reporting person on April 18, 2008. The option was canceled in exchange for the new option reported herein.
- [F4]This option was granted partially in exchange for the canceled option reported herein.