SEC Form 4 · accession 0001104659-17-052614
BROADWIND, INC. · BWEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Reiland
Director
Period of report
Aug 16, 2017
Accepted (ET)
Aug 18, 2017 · 2:00 pm EDT
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 Stock | Aug 16, 2017 | P | 1,500 | $3.10 | A | 53,067 | D | |
| Common StockF1 | Aug 17, 2017 | P | 1,500 | $3.07 | A | 54,567 | D |
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)F2 | $102.50 | holding | — | — | — | — | Apr 16, 2018 | Common Stock | 2,500 | 2,500 | D |
| Phantom StockF3,F4 | — | holding | — | — | — | — | — | Common Stock | 8,403 | 8,403 | D |
Explanation of responses
- F1Includes 3,727 restricted stock units that vest on 4/27/18.
- F2100% vested.
- F3Each share of phantom stock is the economic equivalent of one share of Broadwind Energy, Inc. common stock.
- F4Phantom stock credited to participant's account in 2009, 2011 and 2016 pursuant to and under the conditions of the Broadwind Energy, Inc. Deferred Compensation Plan. The value of the participant's account shall be paid to the participant in a single lump-sum payment, in cash, on the earliest of the participant's separation from service, death or change-in-control.