LIGHTING SCIENCE GROUP CORP 4
4 · LIGHTING SCIENCE GROUP CORP · Filed Nov 23, 2015
Insider Transaction Report
Form 4
MCGILL DENNIS
Director
Transactions
- Disposition to Issuer
Common Stock
2015-11-19−154,521→ 0 total - Award
Non-Qualified Stock Option (Right to Buy)
2015-11-19+331,590→ 331,590 totalExercise: $0.13Exp: 2025-11-19→ Common Stock (331,590 underlying)
Footnotes (2)
- [F1]Represents the cancellation of restricted shares of common stock of Lighting Science Group Corporation (the "Issuer"), par value $0.001 per share (each, a "Share"), which were originally granted to the reporting person on March 24, 2015 by the Issuer's board of directors as compensation for the reporting person's service during 2015 as a member of the Issuer's board of directors. The cancelled Shares would have vested in full on January 1, 2016. The reporting person received a stock option representing the right to purchase 331,590 Shares as consideration for the cancellation.
- [F2]Represents a stock option granted to the reporting person on November 19, 2015 as consideration for the cancellation of 154,521 restricted Shares. This stock option will vest in full on January 1, 2016.