Kelly Kevin 4
4 · SYNTHESIS ENERGY SYSTEMS INC · Filed Jan 12, 2009
Insider Transaction Report
Form 4
Kelly Kevin
Controller & CAO
Transactions
- Award
Employee Stock Option
2009-01-09$0.73/sh+25,000$18,250→ 102,500 totalExp: 2019-01-06→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The 25,000 shares of this grant vest in four equal annual installments on each of January 7, 2010, 2011, 2012 and 2013.
- [F2]The total number of derivative securities beneficially owned following the reported transaction is 102,500. The amount includes 2,500 shares of common stock beneficially owned and 100,000 employee stock options. As of the date hereof, none of the 100,000 options grated have vested. 75,000 of the options will vest in four equal installments on October 6, 2009, 2010, 2011 and 2012. 25,000 of the options will vest in four equal installments on January 7, 2010, 2011, 2012 and 2013.