AMERICAN POWER GROUP Corp 4
4 · AMERICAN POWER GROUP Corp · Filed Mar 21, 2017
Insider Transaction Report
Form 4
JENSEN LYLE
DirectorPresident, CEO
Transactions
- Award
Common Stock Purchase Option
2017-03-17$0.11/sh+2,000,000$220,000→ 8,000,000 totalExercise: $0.11→ common stock (2,000,000 underlying)
Footnotes (1)
- [F1]Options to purchase 800,000 shares of common stock vest equally over a 5 year term from date of grant and options to purchase 1.2 million shares of common stock vested upon achieving certain agreed upon milestones. All options have a term of 10 years from date of grant.