EnergyConnect Group Inc 4
4 · EnergyConnect Group Inc · Filed Mar 9, 2009
Insider Transaction Report
Form 4
EnergyConnect Group IncECNG.OB
Evans Kevin R
DirectorCEO and President
Transactions
- Purchase
Common Stock Option
2009-03-06$0.05/sh+500,000$25,000→ 4,500,000 totalExercise: $0.05From: 2010-03-06Exp: 2019-03-06→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1]In exchange for his agreement to lower his salary by $75,000, Mr. Evans was granted an option to purchase shares of common stock at $0.05 per share.
- [F2]The option to purchase 500,000 shares of common stock vests 1/12 each month following the grant and will be fully vested on the one year anniversary of the grant date.