Axion Power International, Inc. | 2013 | FY | 3


The following table provides summary information on warrants outstanding as of December 31, 2013 and 2012, with summary information on the various warrants issued by the Company in private placement transactions, warrants exercised to date, warrants that are presently exercisable and the current exercise prices of such warrants.
  
 
 
 
 
 
2013
 
 
 
 
2012
 
 
 
Shares
 
Weighted Average Exercise price
 
Shares
 
Weighted Average Exercise Price
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Warrants outstanding January 1
 
 
11,712,315
 
$
0.83
 
 
11,896,070
 
$
0.83
 
Granted during year
 
 
20,780,775
 
 
0.31
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
 
 
 
-
 
 
-
 
Lapsed
 
 
(11,666,654)
 
 
0.83
 
 
(183,755)
 
 
2.35
 
Outstanding at December 31
 
 
20,826,436
 
$
0.30
 
 
11,712,315
 
$
0.83
 
Weighted average years remaining
 
 
4.3
 
 
 
 
 
0.30
 
 
 
 

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