SEC Form 4 · accession 0001252388-17-000001
AMERICAN POWER GROUP Corp · APGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lyle Jensen
Officer — CEO and President · Director
Period of report
Mar 17, 2017
Accepted (ET)
Mar 21, 2017 · 3:31 pm 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 | 2,000,000 | A | — | — | common stock | 2,000,000 | 8,000,000 | D |
Explanation of responses
- F1Options to purchase 800,000 shares of common stock vest equally over a 5 year term from date of grant and options to purchase 1.2 million shares of common stock vested upon achieving certain agreed upon milestones. All options have a term of 10 years from date of grant.