TELKONET INC 4
4 · TELKONET INC · Filed Apr 6, 2017
Insider Transaction Report
Form 4
TELKONET INCTKOI.OB
Koch Matthew
VP of Operations
Transactions
- Award
Employee Stock Option (right to buy)
2017-01-03+1,000,000→ 1,175,326 totalExercise: $0.14→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]Options granted pursuant to officers Amended and Restated Employment Agreement dated 01/03/2016.
- [F2]Options vest annually over 3 years or upon sale of Company defined in Exhibit A of Restated Employment Agreement dated 01/03/2016.
- [F3]This option expires on the earlier of the ten year anniversary or one year from employment separation.