Home/Filings/4/0001304565-08-000004
4//SEC Filing

DISTRIBUTED ENERGY SYSTEMS CORP 4

Accession 0001304565-08-000004

CIK 0001261482operating

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 10:48 AM ET

Size

6.9 KB

Accession

0001304565-08-000004

Insider Transaction Report

Form 4
Period: 2008-01-02
Fox John C
Director
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2008-01-02$0.40/sh+700$280700 total
    Exercise: $0.40From: 2008-01-02Exp: 2018-01-02Common Stock (700 underlying)
Footnotes (3)
  • [F1]100% Vested at Grant
  • [F2]John C. Fox was nominated by Perseus Partners VII, L.P. (Perseus VII), pursuant to its rights under a Securities Purchase Agreement, dated May 10, 2007, between Perseus VII and the Issuer, as a director of the Issuer. Mr. Fox will hold any options, shares of restricted common stock or any other security issued to him as a nominee of Perseus VII and disclaims beneficial ownership thereof, except to the extent he has any pecuniary interest therein.
  • [F3]Perseus VII is a Delaware limited partnership. Its general partner is Perseus Partners VII GP, L.P., a Delaware limited partnership. Perseus Partners VII GP, L.L.C., a Delaware limited liability company, is the general partner of Perseus Partners VII GP, L.P. The sole member of Perseus Partners VII GP, L.L.C. is Perseus, L.L.C., a Delaware limited liability company. Perseuspur, L.L.C., a Delaware limited liability company, is the managing member of Perseus, L.L.C. Frank H. Pearl, individually, owns 72.7% of Perseuspur, L.L.C. He also is the sole director and sole shareholder of Rappahannock Investment Company, a Delaware corporation, which in turn owns the remaining 27.3% of Perseuspur, L.L.C. By virtue of such control, Mr. Pearl may be deemed to have beneficial ownership of any securities issued to Mr. Fox as a nominee of Perseus VII.

Issuer

DISTRIBUTED ENERGY SYSTEMS CORP

CIK 0001261482

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001261482

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 10:48 AM ET
Size
6.9 KB