4//SEC Filing
Marks Dean Richard 4
Accession 0001502564-10-000002
CIK 0001388686other
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 8:37 PM ET
Size
17.9 KB
Accession
0001502564-10-000002
Insider Transaction Report
Form 4
Marks Dean Richard
DirectorChief Executive Officer
Transactions
- Award
Stock option
2009-01-09+27,000→ 27,000 total(indirect: By Spouse)Exercise: $4.25Exp: 2019-01-09→ Common stock (27,000 underlying) - Award
Common stock
2009-08-28+200→ 11,234,415 total(indirect: By Spouse) - Award
Stock Option
2009-01-09+83,932→ 83,932 totalExercise: $4.67Exp: 2019-01-09→ Common stock (83,932 underlying) - Award
Stock option
2010-02-19+13,000→ 13,000 total(indirect: By Spouse)Exercise: $2.20Exp: 2020-02-19→ Common stock (13,000 underlying) - Sale
Common stock
2008-10-31−920,000→ 12,154,215 total - Other
Common stock
2008-10-31−333,841→ 11,234,215 total - Award
Common stock
2010-09-15$1.35/sh+3,700$4,995→ 11,238,115 total
Footnotes (4)
- [F1]This reporting person sold the securities reported in Column 4 in a private sale along with an option for the buyer to purchase an additional 533,333 shares of the issuer's common stock in exchange for aggregate consideration of $1,840,000. The shares subject to the option were deposited with an escrow agent.
- [F2]The securities reported in Column 4 were transferred for no consideration to another officer of the issuer who sold his own shares of the issuer's common stock and an option to purchase such officer's shares of the issuer's common stock to the same buyer described in footnote 1. These securities along with a number of the other officer's own shares of the issuer's common stock were subject to the option and were deposited with an escrow agent. This reporting person transferred the reported securities to the other officer due to a limitation on the number of shares of common stock held by the other officer that could be deposited with the escrow agent during a restriction period. If the option is not fully excercised by the buyer during the option term or by the end of the restriction period, any remaining portion of these securities will be transferred back to this reporting person.
- [F3]This stock award vests in equal annual amounts over five (5) years from the date of grant, January 9, 2009.
- [F4]This stock award vests in equal annual amounts over four (4) years from the date of grant, February 19, 2010.
Documents
Issuer
Premier Power Renewable Energy, Inc.
CIK 0001388686
Entity typeother
Related Parties
1- filerCIK 0001502564
Filing Metadata
- Form type
- 4
- Filed
- Sep 29, 8:00 PM ET
- Accepted
- Sep 30, 8:37 PM ET
- Size
- 17.9 KB