COLOMBO UMBERTO 4
4 · ENERGY CONVERSION DEVICES INC · Filed Dec 15, 2004
Insider Transaction Report
Form 4
COLOMBO UMBERTO
Other
Transactions
- Sale
Common Stock
2004-12-15$20.00/sh−5,000$100,000→ 4,672 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-12-15$15.88/sh−5,000$79,375→ 0 totalExercise: $15.88From: 1995-12-23Exp: 2005-06-23→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2004-12-15$15.88/sh+5,000$79,375→ 9,672 total
Holdings
- 5,000
Non-Qualified Stock Option (right to buy)
Exercise: $10.40From: 2003-11-08Exp: 2012-11-08→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Option becomes exercisable in 3 installments of 40%/30%/30%, commencing six months after date of grant and annually thereafter.
- [F2]This option becomes exercisable as to 40% of the underlying shares one year after the date of grant and as to 20% of the underlying shares after each of the second, third and fourth years of grant.