SEC Form 4 · accession 0001104659-18-011146
BROADWIND, INC. · BWEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph V. Reisinger
Officer — VP, Business Development
Period of report
Feb 20, 2018
Accepted (ET)
Feb 21, 2018 · 6:56 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 20, 2018 | A | 8,002 | $0.00 | A | 39,101 | D | |
| Common StockF2,F3 | Feb 20, 2018 | F | 495 | $2.39 | D | 38,606 | D | |
| Common Stock | holding | — | — | — | 2,340 | 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 | $3.40 | holding | — | — | — | — | May 4, 2022 | Common Stock | 3,076 | 3,076 | D |
Explanation of responses
- F1Represents 8,002 restricted stock units that vest 2,667 shares on each of 2/20/19 and 2/20/20 and 2,668 shares on 2/20/21.
- F2The reporting person has elected to satisfy his withholding obligation in connection with the vesting of prior restricted stock unit grants by directing the Company to withhold shares otherwise issuable pursuant to the previously reported grants.
- F3Includes (i) 8,755 restricted stock units that vest 4,377 shares on 2/22/18 and 4,378 shares on 2/22/19; (ii) 5,386 restricted stock units that vest 1,795 shares on each of 2/21/18 and 2/21/19 and 1,796 shares on 2/21/20; and (iii) 8,002 restricted stock units that vest 2,667 shares on each of 2/20/19 and 2/20/20 and 2,668 shares on 2/20/21.
- F4769 shares vested on each of 5/4/13, 5/4/14, 5/4/15 and 5/4/16.