Home/Filings/4/0001304565-06-000021
4//SEC Filing

SCHWALLIE AMBROSE L 4

Accession 0001304565-06-000021

CIK 0001261482other

Filed

Jan 17, 7:00 PM ET

Accepted

Jan 18, 6:16 PM ET

Size

10.4 KB

Accession

0001304565-06-000021

Insider Transaction Report

Form 4
Period: 2006-01-16
SCHWALLIE AMBROSE L
DirectorChief Executive Officer
Transactions
  • Award

    Non-Qualified Stock Options (right to buy)

    2006-01-16$8.84/sh+500,000$4,420,000500,000 total
    Exercise: $8.84From: 2010-01-16Exp: 2016-01-16Common Stock (500,000 underlying)
  • Award

    Common Stock

    2006-01-16$0.01/sh+100,000$1,000184,841 total
  • Award

    Common Stock

    2006-01-16$8.84/sh+56,561$499,99956,561 total
  • Award

    Common Stock

    2006-01-16$0.01/sh+28,280$28384,841 total
Footnotes (3)
  • [F1]Stock is non-transferrable for a period of one year from date of issuance.
  • [F2]Shares are subject to re-acquisition rights for a period of one year from the date of issuance.
  • [F3]The options vest as to 25% of the original number of shares covered by the option on each of the first four anniversaries of the grant date

Issuer

DISTRIBUTED ENERGY SYSTEMS CORP

CIK 0001261482

Entity typeother

Related Parties

1
  • filerCIK 0001206949

Filing Metadata

Form type
4
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 6:16 PM ET
Size
10.4 KB