SCHAEFFER JOHN 4
4 · Real Goods Solar, Inc. · Filed Dec 17, 2009
Insider Transaction Report
Form 4
SCHAEFFER JOHN
DirectorPresident
Transactions
- Award
Employee Stock Option (right to buy)
2009-11-17+270,000→ 270,000 totalExercise: $2.92Exp: 2014-07-30→ Class A Common Stock (270,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-11-17−270,000→ 0 totalExercise: $3.20Exp: 2014-07-30→ Class A Common Stock (270,000 underlying)
Footnotes (1)
- [F1]The two reported transactions involve the repricing and exercise suspension for six months from the repricing date of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted by the company's predecessor on July 30, 2007 and assumed by the company on January 31, 2008 and provides for vesting of 50% on May 13, 2008 and 2% each month thereafter.