Figlewicz Jeffrey Allan 4
4 · Green St. Energy, Inc. · Filed Apr 28, 2009
Insider Transaction Report
Form 4
Green St. Energy, Inc.gsty.ob
Figlewicz Jeffrey Allan
Vice President Finance
Transactions
- Award
Stock Option
2009-03-31$0.05/sh+600,000$30,000→ 727,344 totalExercise: $0.05From: 2009-12-31Exp: 2012-12-31→ Common Stock (600,000 underlying)
Footnotes (1)
- [F1]By agreement with the Company, the Reporting Person is entitled to receive additional Common Stock grants from time to time during the calendar year 2009 to assure Reporting Person has the right to maintain beneficial ownership of the Copany's Common Stock in the equivalent of a minimum of 2% (two percent) of the fully diluted (issued, options, and warrants) shares of Common Stock. The Company will issue any additional shares to the Reporting Person pursuant to said agreement provision within ten (10) days of the end of a fiscal quarter. As of March 31, 2009, the Company had 35,117,185 fully diluted shares. Grants will be subject to shareholder approval at the next annual meeting.