Wood James F. 4
4 · THERMOENERGY CORP · Filed Jan 2, 2013
Insider Transaction Report
Form 4
Wood James F.
DirectorChairman, President and CEO
Transactions
- Award
Stock Option
2013-01-02+13,750,000→ 13,750,000 totalExercise: $0.09Exp: 2023-01-02→ Common Stock (13,750,000 underlying)
Footnotes (1)
- [F1]The option becomes exercisable ("vests") with respect to 859,375 shares on the last day of each fiscal quarter commencing on March 31, 2013 and continuing through and to December 31, 2016, subject to the Reporting Person's continued employment by the Issuer but provided that, in the event the Reporting Person's employment is terminated (other than under certain limited circumstances) within ninety days after a change of control of the Issuer, the option shall immediately become exercisable with respect to one-half of the shares with respect to which the option was then not yet vested.