ECOSPHERE TECHNOLOGIES INC 4
4 · ECOSPHERE TECHNOLOGIES INC · Filed Jul 2, 2010
Insider Transaction Report
Form 4
ALLBAUGH JOE M
Director
Transactions
- Exercise/Conversion
Common Stock
2010-06-30$1.00/sh+193,548$193,548→ 230,523 total(indirect: By LLC) - Exercise/Conversion
Stock Options (Right to Buy)
2010-06-30+806,452→ 0 total(indirect: By LLC)Exercise: $1.00From: 2005-07-01Exp: 2010-06-30→ Common Stock (806,452 underlying) - Other
Common Stock
2010-06-30$1.24/sh+36,975$45,849→ 36,975 total(indirect: By LLC)
Footnotes (3)
- [F1]The reporting person purchased these securities through the issuer crediting an outstanding $45,849 balance owed to the LLC.
- [F2]In connection with the issuance of these securities, the reporting person has agreed not to sell the securities for a period of six months.
- [F3]Cashless exercise of 1,000,000 options at $1.24 per share.