Gaiam's CEO just cashed-in 35,147 options


Lynn Powers, Gaiam's CEO and a director of the company, recently cashed-in 35,147 options. The options were exercised at $5.30, while the disposals took place between $8.05 and $8.40 per share, on dates ranging from June 26 to June 27, 2014. Powers continues to hold 224,000 shares of the company. Powers operates out of Louisville, CO. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.11 to $8.53, inclusive. The reporting person undertakes to provide Gaiam, Inc., any security holder of Gaiam, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price withi n the ranges set forth in footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.19, inclusive. The reporting person undertakes to provide Gaiam, Inc., any security holder of Gaiam, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnote (1) to this Form 4. The option is fully vested. The option was originally granted November 20, 2003, and provided for vesting of 2% per month for 50 months commencing on October 1, 2004.

The above information was disclosed 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:

Gaiam director just picked up 1,499 shares - Oct. 2, 2014
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