SEC Form 4 · accession 0001104659-16-099312
BROADWIND, INC. · BWEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Rogowski
Officer — VP and Corporate Controller
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 7:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001120370
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2016 | F | 641 | $1.79 | D | 26,052 | D | |
| Common StockF1 | Feb 22, 2016 | F | 1,563 | $1.77 | D | 24,489 | D | |
| Common StockF2,F3 | Feb 22, 2016 | A | 15,939 | $0.00 | A | 40,428 | D | |
| Common Stock | holding | — | — | — | 3,863 | I | By 401(K) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $15.00 | holding | — | — | — | — | May 5, 2021 | Common Stock | 1,750 | 1,750 | D |
| Stock Option (Right to Buy)F5 | $3.394 | holding | — | — | — | — | May 4, 2022 | Common Stock | 5,647 | 5,647 | D |
Explanation of responses
- F1The reporting person has elected to satisfy his withholding obligation in connection with the vesting of a prior restricted stock unit grant by directing the Company to withhold shares otherwise issuable pursuant to the previously reported grant.
- F2Represents 15,939 restricted stock units that vest 5,313 shares on each of 2/22/17, 2/22/18 and 2/22/19.
- F3Includes (i) 1,412 restricted stock units that vest on 5/4/16; (ii) 1,154 restricted stock units that vest on 2/20/17; (iii) 3,521 restricted stock units that vest 1,760 shares on 2/19/17 and 1,761 shares on 2/19/18; and (iv) 15,939 restricted stock units that vest in increments of 5,313 shares on each of 2/22/17, 2/22/18 and 2/22/19.
- F4437 shares vested on each of 5/5/12 and 5/5/14, and 438 shares vested on each of 5/5/13 and 5/5/15.
- F51,411 shares vested on 5/4/13, 1,412 shares vested on each of 5/4/14 and 5/4/15, and 1,412 shares vest on 5/4/16.