4//SEC Filing
Storey Michael 4
Accession 0001209191-09-019713
CIK 0001375063other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:16 PM ET
Size
19.2 KB
Accession
0001209191-09-019713
Insider Transaction Report
Form 4
Storey Michael
Director
Transactions
- Award
Stock Option
2009-03-31$0.66/sh+25,000$16,500→ 1,425,000 totalExercise: $0.66From: 2009-03-31Exp: 2019-03-31→ Common Stock (25,000 underlying) - Award
Stock Option
2009-03-31$0.66/sh+151,515$100,000→ 1,505,000 totalExercise: $0.66Exp: 2019-03-31→ Common Stock (151,515 underlying) - Award
Stock Option
2009-03-31$0.66/sh+100,000$66,000→ 1,505,000 totalExercise: $0.66Exp: 2019-03-31→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option
2009-03-31−250,000→ 1,400,000 total→ Common Stock (250,000 underlying)
Footnotes (8)
- [F1]On March 31, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, options granted to Mr. Storey on November 7, 2005 and May 30, 2006 totalling 250,000 shares. In exchange for the options, Mr. Storey received two separate option grants to acquire 25,000 and 100,000 shares of common stock, respectively.
- [F2]The November 7, 2005 cancelled option provided for vesting in four equal annual installments on each of November 7, 2005, 2006, 2007 and 2008 at an exercise price of $2.50 per share and expired on November 7, 2010. The May 30, 2006 cancelled option grant provided for vesting in five equal annual installments on each of May 30, 2006, 2007, 2008, 2009 and 2010 at an exercise price of $3.00 per share and expired on May 30, 2011.
- [F3]This reflects 1,400,000 shares of common stock beneficially owned by Mr. Storey.
- [F4]This grant was fully vested upon issuance to Mr. Storey.
- [F5]This reflects (i) 1,400,000 shares of common stock beneficially owned by Mr. Storey and (ii) 25,000 shares vested upon the issuance of the grant decribed in Footnote 4.
- [F6]Three-fifths of this grant vested in equal installments on May 30, 2006, 2007 and 2008, the remaining two-fifths of the grant will vest in equal installments on each of May 30, 2009 and 2010 to Mr. Storey.
- [F7]This reflects (i) 1,400,000 shares of common stock beneficially owned by Mr. Storey, (ii) 25,000 shares vested upon the issuance of the grant decribed in Footnote 4 and (iii) 80,000 shares vested upon the issuance of the grant described in Footnote 6 or vesting within 60 days of the date hereof.
- [F8]This grant vests in four equal annual installments on each of March 31, 2010, 2011, 2012 and 2013.
Issuer
SYNTHESIS ENERGY SYSTEMS INC
CIK 0001375063
Entity typeother
Related Parties
1- filerCIK 0001399896
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:16 PM ET
- Size
- 19.2 KB