FELDT RICHARD M 4
4 · EVERGREEN SOLAR INC · Filed Jul 29, 2010
Insider Transaction Report
Form 4
FELDT RICHARD M
DirectorPresident & CEO
Transactions
- Award
Common Stock
2010-07-27+500,000→ 1,551,540 total - Award
Common Stock
2010-07-27+125,000→ 1,676,540 total
Footnotes (3)
- [F1]Restricted stock awards vest over a four year period beginning March 1, 2010 at a rate of 25% per year.
- [F2]62,500 shares subject to this performance-based restricted stock award vest upon attainment of an average per share closing price of $3.00 for the Company's common stock over any 30 consecutive trading days folllowing the grant date, and 62,500 of which shall vest upon attainment of an average per share closing price of $5.00 for the Company's common stock over any 30 consecutive trading days following the grant date.
- [F3]Shares which have not vested within four years of the date of grant shall be forfeited.