Green St. Energy, Inc. 4
4 · Green St. Energy, Inc. · Filed Jan 26, 2009
Insider Transaction Report
Form 4
Cataldo Tony
DirectorChairman and CEO
Transactions
- Award
Stock Option
2008-12-31$0.05/sh+511,719$25,586→ 511,719 totalExercise: $0.05From: 2009-12-31Exp: 2012-12-31→ Common Stock (511,719 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 Company's Common Stock in the equivalent of a minimum of 10% (ten 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 December 31, 2008, the Company had 5,117,185 fully diluted shares. Grants will be subject to shareholder approval at the next annual meeting.