EUROSITE POWER INC. 4
4 · EUROSITE POWER INC. · Filed Oct 8, 2014
Insider Transaction Report
Form 4
MEIER BRUNO
Director
Transactions
- Conversion
4% Senior Convertible Note Due 2017
2014-10-03−500,000→ 0 totalExercise: $0.50From: 2014-02-20Exp: 2017-06-14→ Common Stock (500,000 underlying) - Conversion
Common Stock
2014-10-03+500,000→ 700,000 total
Holdings
- 100,000
Stock Option (Right to Buy)
Exercise: $1.00Exp: 2021-06-13→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]On October 3, 2014, pursuant to a convertible note conversion agreement between Bruno Meier and EuroSite Power Inc., Mr. Meier converted, in full, his 4% Senior Convertible Note Due 2017, or the Note, originally issued on February 20, 2014, into 500,000 shares of common stock of EuroSite Power Inc. The Note was cancelled and Mr. Meier was issued the shares of common stock of EuroSite Power Inc. at a conversion price of $.50 per share.
- [F2]25% of these options vest on each of the 4 subsequent anniversaries of the grant date.