4//SEC Filing
Vail Timothy 4
Accession 0001209191-09-019702
CIK 0001375063other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:11 PM ET
Size
19.6 KB
Accession
0001209191-09-019702
Insider Transaction Report
Form 4
Vail Timothy
Director
Transactions
- Disposition to Issuer
Stock Option
2009-03-31−2,400,000→ 238,000 total→ Common Stock (2,400,000 underlying) - Award
Stock Option
2009-03-31$0.66/sh+68,182$45,000→ 1,266,182 totalExercise: $0.66From: 2009-03-31Exp: 2019-03-31→ Common Stock (68,182 underlying) - Award
Stock Option
2009-03-31$0.66/sh+960,000$633,600→ 1,198,000 totalExercise: $0.66From: 2009-03-31Exp: 2019-03-31→ Common Stock (960,000 underlying) - Award
Stock Option
2009-03-31$0.66/sh+136,364$90,000→ 1,266,182 totalExercise: $0.66Exp: 2019-03-31→ Common Stock (136,364 underlying)
Footnotes (9)
- [F1]On March 31, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, options granted to Mr. Vail on November 7, 2005 and May 30, 2006 totalling 2,400,000 shares. In exchange for the option, Mr. Vail received a fully vested option grant to acquire 960,000 shares of common stock.
- [F2]The November 7, 2005 cancelled option provided for vesting in four equal annual installments on each of November 7, 2005, 2006, 2007 and 2008 at an exercise price of $2.50 per share and expired on November 7, 2010. The May 30, 2006 cancelled option grant provided for vesting in five equal annual installments on each of May 30, 2006, 2007, 2008, 2009 and 2010 at an exercise price of $3.00 per share and expired on May 30, 2011.
- [F3]This reflects 238,000 shares of common stock beneficially owned by Mr. Vail.
- [F4]This grant was fully vested upon issuance to Mr. Vail.
- [F5]This reflects (i) 238,000 shares of common stock beneficially owned by Mr. Vail and (ii) 960,000 shares vested upon the issuance of the grant decribed in Footnote 4.
- [F6]In satisfaction of his bonus earned during the year ended December 31, 2008, Mr. Vail was granted a fully vested option to acquire 68,182 shares of common stock.
- [F7]This grant was fully vested upon issuance to Mr. Vail.
- [F8]This reflects (i) 238,000 shares of common stock beneficially owned by Mr. Vail, (ii) 960,000 shares vested upon the issuance of the grant decribed in Footnote 4 and (iii) 68,182 shares vested upon the issuance of the grant described in Footnote 6.
- [F9]This grant vests in four equal annual installments on each of March 31, 2010, 2011, 2012 and 2013.
Issuer
SYNTHESIS ENERGY SYSTEMS INC
CIK 0001375063
Entity typeother
Related Parties
1- filerCIK 0001399618
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:11 PM ET
- Size
- 19.6 KB