SEC Form 4 · accession 0000899243-18-026501
POWER SOLUTIONS INTERNATIONAL, INC. · PSIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kui Jiang
Director
Period of report
Oct 8, 2018
Accepted (ET)
Oct 10, 2018 · 6:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001137091
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 8, 2018 | J | 5,000 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 10, 2017, the reporting person was granted 5,000 shares of common stock in the form of restricted stock granted under the Power Solutions 2012 Incentive Compensation Plan pursuant to a Restricted Stock Agreement, as reported in a Form 4 filed by the reporting person on April 9, 2018. In accordance with Weichai America Corp.'s internal policies, the reporting person cannot accept the Issuer's stock as compensation for serving on the Issuer's Board of Directors. The grant was mutually rescinded on October 8, 2018. Both the grant and the mutual rescission were approved by the Issuer's Board of Directors in accordance with Commission Rule 16b-3(d)(1).