SEC Form 4 · accession 0001166380-15-000060
QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. · QTWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Arold
Officer — Vice President
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166380
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 29, 2015 | F | 3,754 | $2.84 | D | 47,258 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 29, 2015, 10,233 shares of restricted stock granted to Mr. Arold on Ma29, 2014, which vest at a rate of 1/3 per year over three years, vested. Mr. Arold automatically surrendered 3,754 of the vested shares to the Company to satisfy the tax withholding obligations arising from the vesting of the restricted stock. The surrender of the shares is an exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
- F2Includes 35,467 shares of unvested restricted stock.