Kior Inc 4
4 · Kior Inc · Filed Mar 19, 2014
Insider Transaction Report
Form 4
Kior IncKIOR
Artzer Christopher A
See Remarks
Transactions
- Exercise/Conversion
CLASS A COMMON STOCK
2014-03-13+53,810→ 113,499 total - Sale
CLASS A COMMON STOCK
2014-03-17$1.10/sh−18,203$20,100→ 95,296 total - Exercise/Conversion
Restricted Stock Units
2014-03-13−53,810→ 107,622 totalExercise: $0.00→ Class A Common Stock (53,810 underlying)
Footnotes (5)
- [F1]Represents the conversion, upon vesting, of the restricted stock units reported on Table II into Class A Common Stock.
- [F2]These sales were effected to satisfy the reporting person's federal income tax obligations with respect to the vesting of equity awards.
- [F3]This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.0377 to $1.14, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the issuer.
- [F5]The reporting person previously reported the award of 161,432 restricted stock units on its Form 4 filed on March 15, 2013. One-third of the restricted stock units reported in the March 15, 2013 Form 4 vested on March 13, 2014. The remaining two-thirds will vest on March 13, 2015 and March 13, 2016 in equal installments.