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4//SEC Filing

Kelly Kevin 4

Accession 0001209191-09-008544

CIK 0001375063other

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 4:05 PM ET

Size

8.4 KB

Accession

0001209191-09-008544

Insider Transaction Report

Form 4
Period: 2009-02-10
Kelly Kevin
Controller & CAO
Transactions
  • Disposition to Issuer

    Employee Stock Option

    2009-02-10$2.32/sh75,000$174,0002,500 total
    Exercise: $2.32Exp: 2018-10-16Common Stock (75,000 underlying)
  • Award

    Employee Stock Option

    2009-02-10$0.43/sh+37,500$16,1252,500 total
    Exercise: $0.43Exp: 2018-10-16Common Stock (37,500 underlying)
Footnotes (4)
  • [F1]On February 10, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to Mr. Kelly. In exchange for the options, Mr. Kelly received an option grant on the same terms as the cancelled option, but as to half the number of the shares, as described in Footnote 3.
  • [F2]The cancelled option provided for vesting, as to 75,000 shares, in four equal annual installments on each of October 16, 2009, 2010, 2011 and 2012.
  • [F3]This grant vests in four equal annual installments on each of October 16, 2009, 2010, 2011 and 2012.
  • [F4]This reflects 2,500 shares of common stock owned beneficially by Mr. Kelly. As of the date hereof, none of the options granted have vested.

Issuer

SYNTHESIS ENERGY SYSTEMS INC

CIK 0001375063

Entity typeother

Related Parties

1
  • filerCIK 0001449791

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 4:05 PM ET
Size
8.4 KB