Home/Filings/4/0001179110-05-014166
4//SEC Filing

POWER EFFICIENCY CORP 4

Accession 0001179110-05-014166

CIK 0001024075operating

Filed

Jul 12, 8:00 PM ET

Accepted

Jul 13, 12:22 PM ET

Size

10.5 KB

Accession

0001179110-05-014166

Insider Transaction Report

Form 4
Period: 2005-06-01
LACKLAND JOHN M
DirectorCFO
Transactions
  • Award

    Stock Options

    2005-06-01$0.20/sh+412,500$82,500412,500 total
    Exercise: $0.20Exp: 2015-05-30Common Stock (412,500 underlying)
  • Award

    Stock Options

    2004-10-11$0.65/sh+375,000$243,750375,000 total
    Exercise: $0.65Exp: 2014-10-10Common Stock (375,000 underlying)
  • Award

    Common Stock

    2005-06-01$0.20/sh+1,800,000$360,0001,800,000 total
    Exercise: $0.20Exp: 2015-05-31Common Stock (1,800,000 underlying)
Footnotes (3)
  • [F1]200,000 are exercisable immediately, 75,000 more are exercisable on 10-11-2005, 50,000 more are exercisable on 10-11-2006, and 50,000 more are exercisable on 10-11-2007.
  • [F2]103,125 become exercisable on 9-1-2005, 103,125 more become exercisable on 12-1-2005, 103,125 more become exercisable on 2-1-2006, and 103,125 more become exercisable on 5-1-2006.
  • [F3]360,000 become exercisable on 6-1-2006, 360,000 more become exercisable on 6-1-2007, 360,000 more become exercisable on 6-1-2008, 360,000 more become exercisable on 6-1-2009, and 360,000 more become exercisable on 6-1-2010.

Issuer

POWER EFFICIENCY CORP

CIK 0001024075

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001024075

Filing Metadata

Form type
4
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 12:22 PM ET
Size
10.5 KB