Some additional info was provided as follows:
Subject to Section 15 of the Active Power, Inc. 2010 Equity Incentive Plan, all shares subject to the option will fully vest on the close of business on the day immediately prior to the date of the annual meeting of stockholders of Active Power, Inc. which is held in the calendar year following the grant date of the option, provided that the optionee continues to serve as a director of Active Power, Inc. through such date.
The above information was di sclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Active Power insider just declared ownership of no shares of Active Power - Feb. 27, 2015
Active Power director just picked up 4,500 shares - Feb. 27, 2015
Statement of changes in beneficial ownership of securities - Feb. 27, 2015
Current report, items 2.02 and 9.01 - Feb. 24, 2015
Active Power director just declared 0 ownership of the company. - Feb. 23, 2015