AMERICAN POWER GROUP Corp 4
4 · AMERICAN POWER GROUP Corp · Filed Apr 29, 2016
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock Purchae Option
2016-04-25$0.10/sh+700,000$70,000→ 700,000 totalExercise: $0.10From: 2016-04-25Exp: 2026-04-25→ Common Stock (700,000 underlying) - Other
Common Stock Purchase Option
2016-04-25−707,000→ 0 total→ Common Stock (707,000 underlying) - Award
Common Stock Purchase Option
2016-04-25$0.10/sh+500,000$50,000→ 1,200,000 totalExercise: $0.10→ Common Stock (500,000 underlying) - Award
Common Stock Purchase Options
2016-04-25$0.10/sh+800,000$80,000→ 2,000,000 totalExercise: $0.10→ Common Stock (800,000 underlying)
Holdings
- 772,494
Common Stock
Footnotes (3)
- [F1]Options to purchase 125,000 shares of common stock having exercise prices ranging from $.45 to $.80 per share which vested immediately upon date of grant and had a term of 10 years from date of grant were terminated by the company. Options to purchase 582,000 shares of common stock having exercise prices ranging from $.23 to $.36 per share which vested equally over a 5 year term from date of grant and had a term of 10 years from date of grant were terminated by the company.
- [F2]The options vest equally over a 5 year period from date of grant and have a term of 10 years from date of grant.
- [F3]The options are exercisable in annual increments of 200,000 commencing in 2017 and ending in 2020 based on achievement of pre-determined performance goals set by the company's Board of Directors. The options have a term of 10 years from date of grant.