SEC Form 4 · accession 0001209191-15-002704
World Energy Solutions, Inc. · XWES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Parslow
Officer — CFO, Treasurer, Secretary
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 12:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001371781
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 5, 2015 | U | 78,438 | $5.50 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $3.17 | Jan 5, 2015 | U | 1,250 | D | Dec 11, 2010 | Dec 11, 2016 | Common Stock | 1,250 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $3.81 | Jan 5, 2015 | U | 12,000 | D | Sep 17, 2013 | Sep 17, 2019 | Common Stock | 12,000 | 0 | D |
Explanation of responses
- F1These shares are being tendered pursuant to the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014.
- F2The number of securities beneficially owned includes a restricted stock grant granted on September 20, 2013 in the amount of 40,000. The restricted stock vests 100% three years after date of grant. The unvested restricted stock will be cashed out upon the closing of the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014.
- F3These shares are being tendered pursuant to the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014.
- F4The shares in this Employee Stock Option (Right to Buy) are fully vested and will be cashed out upon the closing of the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014.
- F5Includes 6,750 vested but unexercised shares that will be cashed out upon the closing of the Agreement and Plan of Merger between World Energy Solutions, Inc., Wolf Merger Sub Corporation, and Enernoc, Inc. dated November 4, 2014 ("Agreement") and 5,250 unvested unexercised shares that will be converted into Enernoc, Inc. employee stock options (right to buy) upon the closing of the Agreement.