Sepe Marvin William 4

4 · COMPOSITE TECHNOLOGY CORP · Filed Feb 5, 2009

Form 4

Period: 2009-02-04

COO

Transactions

Disposition to Issuer
Stock Options
2009-02-04−400,000→ 2,350,000 total
Exercise: $1.04Exp: 2016-01-19→ Common Stock (400,000 underlying)
Disposition to Issuer
Stock Options
2009-02-04−600,000→ 2,150,000 total
Exercise: $1.01Exp: 2016-04-27→ Common Stock (600,000 underlying)
Disposition to Issuer
Stock Options
2009-02-04−1,250,000→ 1,500,000 total
Exercise: $1.25Exp: 2018-08-05→ Common Stock (1,250,000 underlying)
Award
Stock Options
2009-02-04+400,000→ 2,750,000 total
Exercise: $0.35Exp: 2016-01-09→ Common Stock (400,000 underlying)
Award
Stock Options
2009-02-04+600,000→ 2,750,000 total
Exercise: $0.35Exp: 2016-04-27→ Common Stock (600,000 underlying)
Award
Stock Options
2009-02-04+500,000→ 2,750,000 total
Exercise: $0.35Exp: 2016-12-31→ Common Stock (500,000 underlying)
Award
Stock Options
2009-02-04+1,250,000→ 2,750,000 total
Exercise: $0.35Exp: 2018-08-05→ Common Stock (1,250,000 underlying)
Disposition to Issuer
Stock Options
2009-02-04−500,000→ 2,250,000 total
Exercise: $1.30Exp: 2016-12-31→ Coomon Stock (500,000 underlying)

Footnotes (8)

[F1]These options vested according to the following schedule: 33.33% on the first, second, and third anniversary of the grant date of January 19, 2006.
[F2]The reporting person agreed to cancellation of an option granted to him on January 19, 2006, in exchange for a new option having a lower exercise price.
[F3]These options vest according to the following schedule: 33.33% on the first, second, and third anniversary of the grant date of April 27, 2006.
[F4]The reporting person agreed to cancellation of an option granted to him on April 27, 2006, in exchange for a new option having a lower exercise price.
[F5]These options vest according to the following schedule: 33.33% on the first, second, and third anniversary of the grant date of April 6, 2007.
[F6]The reporting person agreed to cancellation of an option granted to him on April 6, 2007, in exchange for a new option having a lower exercise price.
[F7]These options vest according to the following schedule: 33.33% on the first, second, and third anniversary of the grant date of August 5, 2008.
[F8]The reporting person agreed to cancellation of an option granted to him on August 5, 2008, in exchange for a new option having a lower exercise price.

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