4//SEC Filing
DISTRIBUTED ENERGY SYSTEMS CORP 4
Accession 0001304565-07-000061
CIK 0001261482operating
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 3:12 PM ET
Size
8.8 KB
Accession
0001304565-07-000061
Insider Transaction Report
Form 4
Fox John C
Director
Transactions
- Award
Common Stock
2007-08-24+13,373→ 13,373 total - Award
Non-qualified stock opyion (right to buy)
2007-08-24$0.74/sh+20,000$14,800→ 20,000 totalExercise: $0.74From: 2010-08-24Exp: 2017-08-24→ Common Stock (20,000 underlying)
Footnotes (4)
- [F1]The grant of this restricted stock relates to the Board of Directors Compensation program. The shares vest monthly over one year.
- [F2]All options vest at the end of the three year period.
- [F3]John C. Fox was nominated by Perseus Partners VII, L.P. (Perseus VII), pursuant to its rights under a Securities Purchase Agreement, dated May 10, 2007, between Perseus VII and the Issuer, as a director of the Issuer. Mr. Fox will hold any options, shares of restricted common stock or any other security issued to him as a nominee of Perseus VII and disclaims beneficial ownership thereof, except to the extent he has any pecuniary interest therein.
- [F4]Perseus VII is a Delaware limited partnership. Its general partner is Perseus Partners VII GP, L.P., a Delaware limited partnership. Perseus Partners VII GP, L.L.C., a Delaware limited liability company, is the general partner of Perseus Partners VII GP, L.P. The sole member of Perseus Partners VII GP, L.L.C. is Perseus, L.L.C., a Delaware limited liability company. Perseuspur, L.L.C., a Delaware limited liability company, is the managing member of Perseus, L.L.C. Frank H. Pearl, individually, owns 72.7% of Perseuspur, L.L.C. He also is the sole director and sole shareholder of Rappahannock Investment Company, a Delaware corporation, which in turn owns the remaining 27.3% of Perseuspur, L.L.C. By virtue of such control, Mr. Pearl may be deemed to have beneficial ownership of any securities issued to Mr. Fox as a nominee of Perseus VII.
Documents
Issuer
DISTRIBUTED ENERGY SYSTEMS CORP
CIK 0001261482
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001261482
Filing Metadata
- Form type
- 4
- Filed
- Sep 20, 8:00 PM ET
- Accepted
- Sep 21, 3:12 PM ET
- Size
- 8.8 KB