PERKINS JERVIS B 4

4 · AeroGrow International, Inc. · Filed Jan 19, 2010

Form 4

Period: 2010-01-15

DirectorPresident & CEO

Transactions

Disposition to Issuer
Stock Options
2010-01-15−33,334→ 566,666 total
Exercise: $0.12From: 2008-02-01Exp: 2013-02-01→ Common Stock (33,334 underlying)
Disposition to Issuer
Stock Options
2010-01-15−300,000→ 300,000 total
Exercise: $0.18From: 2009-09-04Exp: 2014-03-04→ Common Stock (300,000 underlying)
Award
Stock Options
2010-01-15+50,000→ 600,000 total
Exercise: $0.12From: 2009-12-10Exp: 2015-02-01→ Common Stock (50,000 underlying)
Award
Stock Options
2010-01-15+33,334→ 600,000 total
Exercise: $0.12From: 2008-02-01Exp: 2015-02-01→ Common Stock (33,334 underlying)
Award
Stock Options
2010-01-15+216,666→ 600,000 total
Exercise: $0.12From: 2008-03-01Exp: 2015-02-01→ Common Stock (216,666 underlying)
Disposition to Issuer
Stock Options
2010-01-15−216,666→ 383,334 total
Exercise: $0.12From: 2008-03-01Exp: 2013-03-01→ Common Stock (216,666 underlying)
Disposition to Issuer
Stock Options
2010-01-15−50,000→ 550,000 total
Exercise: $0.12From: 2009-12-10Exp: 2014-09-10→ Common Stock (50,000 underlying)
Award
Stock Options
2010-01-15+300,000→ 600,000 total
Exercise: $0.18From: 2009-09-04Exp: 2015-02-01→ Common Stock (300,000 underlying)

Footnotes (5)

[F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the original option and the grant of a replacement option. The option was amended to extend the expiration date to February 1, 2015.
[F2]The options were granted by the Board of Directors.
[F3]The options vest on a 6 month basis over a period of 2 years: 43,334 on March 1, 2008, 43,333 on September 1, 2008, 43,333 on March 1, 2009, 43,333 on September 1, 2009, and 43,333 on March 1, 2010.
[F4]The 300,000 options were granted on March 4, 2009 and vest pro rata on a quarterly basis over 2 years.
[F5]The 50,000 options were granted on September 4, 2010 and vest pro rata on a quarterly basis over a period of 2 years.

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