World Energy Solutions, Inc. 4
4 · World Energy Solutions, Inc. · Filed Jan 7, 2015
Insider Transaction Report
Form 4
Adams Philip
President and COO
Transactions
- Disposition from Tender
Common Stock
2015-01-05$5.50/sh−293,000$1,611,500→ 0 total - Disposition from Tender
Employee Stock Option (Right to Buy)
2015-01-05−50,000→ 0 totalExercise: $3.17From: 2010-12-11Exp: 2016-12-11→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]These shares are being tendered pursuant to the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014.
- [F2]The number of securities beneficially owned includes 75,000 shares of restricted stock, which have not yet fully vested. Mr. Adams received a grant on June 6, 2012 for 50,000 shares of restricted stock and a grant on February 7, 2013 for 25,000 shares of restricted stock. Both restricted stock grants vest 100% after four years from date of grant. The unvested restricted stock will be cashed out upon the closing date of the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014.
- [F3]The shares in this Employee Stock Option (Right to Buy) are fully vested and will be cashed out upon the closing of the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014.