SCHEUER CYNTHIA A 4
4 · MECHANICAL TECHNOLOGY INC · Filed Jan 22, 2004
Insider Transaction Report
Form 4
SCHEUER CYNTHIA A
VP, CFO & Secretary
Transactions
- Exercise/Conversion
Employee Stock Options (Rights to Buy)
2004-01-20$1.76/sh−5,000$8,800→ 28,750 totalExercise: $1.76From: 1999-12-18Exp: 2008-12-17→ Common Stock (5,000 underlying) - Sale
Common Stock
2004-01-20$7.00/sh−5,000$35,000→ 33,750 total - Exercise/Conversion
Common Stock
2004-01-20$1.76/sh+5,000$8,800→ 38,750 total
Footnotes (2)
- [F1]The exercise of options and sales of common stock reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adpoted by the reporting person on September 25, 2003.
- [F2]Options vest annually at a rate of 25% per year beginning 12/18/99.