4//SEC Filing
Vinick Charles 4
Accession 0001354488-11-000223
CIK 0001071760other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:55 PM ET
Size
6.2 KB
Accession
0001354488-11-000223
Insider Transaction Report
Form 4
Vinick Charles
Director
Transactions
- Award
Stock Options (Right to Buy)
2011-01-18+1,000,000→ 1,000,000 totalExercise: $0.48Exp: 2016-01-18→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]The securities were previously granted but only vested upon the Reporting Person becoming Chief Executive Officer, which occured on January 18, 2011. Furthermore, 750,000 options previously awarded to the Reporting Person for accepting the Executive Chairman position are forfeited upon accepting this full-time Chief Executive Officer position.
- [F2]Of the securities, (i) 500,000 vested upon the Reporting Person becoming Chief Executive Officer, and (ii) the balance shall vest in equal increments on June 30, 2011 and December 31, 2011 subject to the Reporting Person?s continued employment on each applicable vesting date.
- [F3]Not applicable.
Documents
Issuer
ECOSPHERE TECHNOLOGIES INC
CIK 0001071760
Entity typeother
Related Parties
1- filerCIK 0001372393
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 4:55 PM ET
- Size
- 6.2 KB