Filing Details
- Accession Number:
- 0001502564-10-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-09-30 20:37:48
- Reporting Period:
- 2008-10-31
- Filing Date:
- 2010-09-30
- Accepted Time:
- 2010-09-30 20:37:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1388686 | Premier Power Renewable Energy Inc. | PPRW | Electric & Other Services Combined (4931) | 134343369 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1502564 | Richard Dean Marks | 4961 Windplay Drive Suite 100 El Dorado Hills CA 95762 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2008-10-31 | 920,000 | $0.00 | 12,154,215 | No | 4 | S | Direct | |
Common Stock | Disposition | 2008-10-31 | 333,841 | $0.00 | 11,234,215 | No | 4 | J | Direct | |
Common Stock | Acquisiton | 2009-08-28 | 200 | $0.00 | 11,234,415 | No | 4 | A | Indirect | By wife |
Common Stock | Acquisiton | 2010-09-15 | 3,700 | $1.35 | 11,238,115 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | J | Direct | |
No | 4 | A | Indirect | By wife |
No | 4 | A | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option | Acquisiton | 2009-01-09 | 83,932 | $0.00 | 83,932 | $4.68 |
Common Stock | Stock option | Acquisiton | 2009-01-09 | 27,000 | $0.00 | 27,000 | $4.25 |
Common Stock | Stock option | Acquisiton | 2010-02-19 | 13,000 | $0.00 | 13,000 | $2.20 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
83,932 | 2019-01-09 | No | 4 | A | Direct | |
27,000 | 2019-01-09 | No | 4 | A | Indirect | |
13,000 | 2020-02-19 | No | 4 | A | Indirect |
Footnotes
- This reporting person sold the securities reported in Column 4 in a private sale along with an option for the buyer to purchase an additional 533,333 shares of the issuer's common stock in exchange for aggregate consideration of $1,840,000. The shares subject to the option were deposited with an escrow agent.
- The securities reported in Column 4 were transferred for no consideration to another officer of the issuer who sold his own shares of the issuer's common stock and an option to purchase such officer's shares of the issuer's common stock to the same buyer described in footnote 1. These securities along with a number of the other officer's own shares of the issuer's common stock were subject to the option and were deposited with an escrow agent. This reporting person transferred the reported securities to the other officer due to a limitation on the number of shares of common stock held by the other officer that could be deposited with the escrow agent during a restriction period. If the option is not fully excercised by the buyer during the option term or by the end of the restriction period, any remaining portion of these securities will be transferred back to this reporting person.
- This stock award vests in equal annual amounts over five (5) years from the date of grant, January 9, 2009.
- This stock award vests in equal annual amounts over four (4) years from the date of grant, February 19, 2010.