-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VkJi4Eh+Q3d+iW5CE1oAn8nfPXVQFWPKG5TUyCRYu84jwzbS8kwR5Viqkk5NrlCI A4ywKo3V9QRze3VSvFYNgQ== 0001116502-08-001034.txt : 20080625 0001116502-08-001034.hdr.sgml : 20080625 20080625123924 ACCESSION NUMBER: 0001116502-08-001034 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080617 FILED AS OF DATE: 20080625 DATE AS OF CHANGE: 20080625 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ECOSPHERE TECHNOLOGIES INC CENTRAL INDEX KEY: 0001071760 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION, MINING & MATERIALS HANDLING MACHINERY & EQUIP [3530] IRS NUMBER: 650841549 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3515 S E LIONEL TERRACE CITY: STUART STATE: FL ZIP: 34996 BUSINESS PHONE: 5612874846 MAIL ADDRESS: STREET 1: 3515 S E LIONEL TERRACE CITY: STUART STATE: FL ZIP: 34996 FORMER COMPANY: FORMER CONFORMED NAME: ULTRASTRIP SYSTEMS INC DATE OF NAME CHANGE: 19990311 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Haskell Patrick CENTRAL INDEX KEY: 0001438160 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25663 FILM NUMBER: 08916095 BUSINESS ADDRESS: BUSINESS PHONE: 772-287-4846 MAIL ADDRESS: STREET 1: 3515 SE LIONEL TERRACE CITY: STUART STATE: FL ZIP: 34997 3 1 haskell_ex.xml X0203 3 2008-06-17 0 0001071760 ECOSPHERE TECHNOLOGIES INC ESPH.OB 0001438160 Haskell Patrick 1136 5TH AVENUE, APT. 12C NEW YORK NY 10128 1 1 0 0 Chairman and Co-CEO Common Stock 365000 D Warrants .15 2007-12-28 2012-12-28 Common Stock 300000 D Warrants .15 2007-12-31 2012-12-31 Common Stock 300000 D Warrants .15 2008-03-17 2013-03-17 Common Stock 170000 D 12% Convertible .15 2008-03-17 2013-03-17 Common Stock 2566666 D Warrants .15 2008-04-30 2013-04-30 Common Stock 150000 D 12% Convertible .15 2008-05-12 2013-05-12 Common Stock 1000000 D Warrants .15 2008-05-12 2013-05-12 Common Stock 150000 D Warrants .20 2008-05-12 2013-05-12 Common Stock 150000 D 12% Convertible .15 2008-05-27 2013-05-27 Common Stock 766666 D Warrants .15 2008-05-27 2013-05-27 Common Stock 115000 D Warrants .20 2008-05-27 2013-05-27 Common Stock 115000 D Stock Options .50 2008-06-17 2013-06-17 Common Stock 7500000 D Stock Appreciation Rights .50 2008-06-17 2013-06-17 Common Stock 7500000 D Stock Options .50 2008-06-23 2013-06-23 Common Stock 750000 D Stock Appreciation Rights .50 2008-06-23 2013-06-23 Common Stock 750000 D The employee stock options and stock appreciation rights were granted in tandem. Accordingly, the exercise of one results in the expiration of the other. Two-thirds of the employee stock options and stock appreciation rights are subject to continued employment with the issuer in an executive capacity on June 17, 2009, 2010 and 2011. The remaining further vest based upon (i) meeting a specific performance milestone or (ii) achievement of another significant milestone to be determined by the Board of Directors. The stock appreciation rights are only exercisable if the shareholders have not approved an increase in authorized capital to permit all outstanding options and warrants to be exercised. The stock appreciation rights may only be settled in cash. /s/ Patrick Haskell 2008-06-24 -----END PRIVACY-ENHANCED MESSAGE-----