DISTRIBUTED ENERGY SYSTEMS CORP 4
4 · DISTRIBUTED ENERGY SYSTEMS CORP · Filed Feb 17, 2005
Insider Transaction Report
Form 4
COLEMAN CLINT
President of NPS Inc.
Transactions
- Other
Common Stock
2005-02-16$0.07/sh+25,000$1,750→ 69,997 total
Holdings
- 25,000
Incentive Stock Option (right to buy)
Exercise: $2.63Exp: 2015-01-10→ Common Stock (25,000 underlying) - 20,000
Incentive Stock Option (right to buy)
Exercise: $2.90Exp: 2013-12-10→ Common Stock (20,000 underlying) - 50,286
Non-Qualified Stock Option (right to buy)
Exercise: $0.05Exp: 2010-01-25→ Common Stock (50,286 underlying) - 20,114
Non-Qualified Stock Option (right to buy)
Exercise: $0.37Exp: 2012-01-28→ Common Stock (20,114 underlying) - 49,757
Warrant
Exercise: $2.80From: 2003-12-10Exp: 2006-12-10→ Common Stock (49,757 underlying) - 10,059
Non-Qualified Stock Option (right to buy)
Exercise: $0.37Exp: 2008-12-10→ Common Stock (10,059 underlying) - 24,137
Non-Qualified Stock Option (right to buy)
Exercise: $0.37Exp: 2011-03-09→ Common Stock (24,137 underlying)
Footnotes (6)
- [F1]4yr 25% On Vest
- [F2]50,286 shares at $0.05 30,171 vested 12/10/03, 10,057 vesting 1/25/04, 10,058 vesting 01/25/05
- [F3]50,286 shares at $0.07 40,229 vested 12/10/03, 10,057 vesting 01/29/04
- [F4]10,059 shares at $0.37 5 year vesting schedule starting 2/26/04
- [F5]24,137 shares at $0.37 9,654 vested on 12/10/03, 4,828 vesting 3/9/04, 4828 vesting 3/9/05, 4827 vesting 3/9/06
- [F6]20,114 shares at $0.37 4,022 vested 12/10/03, rest vest over 4 years starting 1/28/04