SEC Form 4 · accession 0001044435-16-000073
P10 Industries, Inc. · PIOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Powers
Officer — Chief Financial Officer
Period of report
Feb 25, 2016
Accepted (ET)
Mar 1, 2016 · 8:13 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001044435
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 25, 2016 | A | 80,000 | A | Feb 25, 2018 | — | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2With continued service, 100% of shares shall vest on February 25, 2018; or upon an earlier Change in Control (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan), 100% of shares shall immediately vest and all restrictions shall lapse immediately prior to the consummation of any Change in Control. Vested shares will be delivered to the reporting person as soon as practicable after vesting.