4//SEC Filing
AMERICAN POWER GROUP Corp 4
Accession 0001247176-16-000004
CIK 0000932699operating
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 5:11 PM ET
Size
16.1 KB
Accession
0001247176-16-000004
Insider Transaction Report
Form 4
JENSEN LYLE
DirectorPresident, CEO
Transactions
- Other
Common Stock Purchase Option
2016-04-21$0.28/sh−500,000$140,000→ 590,000 totalExp: 2016-04-21→ Common Stock (500,000 underlying) - Other
Common Stock Purchase Options
2016-04-25−590,000→ 0 total→ Common Stock (590,000 underlying) - Award
Common Stock Purchase Options
2016-04-25$0.10/sh+900,000$90,000→ 900,000 totalExercise: $0.10From: 2016-04-25Exp: 2026-04-25→ Common Stock (900,000 underlying) - Award
Common Stock Purchase Options
2016-04-25$0.10/sh+2,100,000$210,000→ 3,000,000 totalExercise: $0.10→ Common Stock (2,100,000 underlying) - Award
Common Stock Purchase Options
2016-04-25$0.10/sh+3,000,000$300,000→ 6,000,000 totalExercise: $0.10→ Common Stock (3,000,000 underlying)
Holdings
- 760,747
Common Stock
Footnotes (4)
- [F1]Option to purchase 500,000 shares of common stock at an exercise price of $.28 which vested equally over a 5 year term from date of grant and had a 10 year term expired unexercised.
- [F2]Options to purchase 200,000 shares of common stock at prices ranging from $.33 to $.33 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. Options to purchase 390,000 shares of common stock at prices ranging from $.23 to $.80 and which vested immediately on date of grant and had a 10 year term from date of grant were terminated by the company.
- [F3]The options vest equally over a period of 5 years from date of grant and have a 10 year term from date of grant.
- [F4]The options are exercisable in annual increments of 750,000 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 10 year term from date of grant.
Documents
Issuer
AMERICAN POWER GROUP Corp
CIK 0000932699
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000932699
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 5:11 PM ET
- Size
- 16.1 KB