SEC Form 4 · accession 0001241877-17-000001
AMERICAN POWER GROUP Corp · APGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles J McDermott
Director
Period of report
Mar 17, 2017
Accepted (ET)
Mar 22, 2017 · 9:41 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000932699
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase OptionF1 | $0.11 | Mar 17, 2017 | A | 300,000 | A | — | — | Common Stock | 300,000 | 550,000 | D |
Explanation of responses
- F1Options to purchase 120,000 shares of common stock vest equally over a 5 year term from date of grant and options to purchase 180,000 shares of common stock vest upon achievement of certain milestones to be mutually determined. The term on all options is 10 years from date of grant.