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
  1. 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.
  2. 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.
  3. This stock award vests in equal annual amounts over five (5) years from the date of grant, January 9, 2009.
  4. This stock award vests in equal annual amounts over four (4) years from the date of grant, February 19, 2010.