SEC Form 4 · accession 0001166380-15-000090
QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. · QTWW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley J Timon
Officer — Chief Financial Officer
Period of report
Aug 19, 2015
Accepted (ET)
Aug 21, 2015 · 4:12 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 | Aug 19, 2015 | F | 2,349 | $1.42 | D | 102,469 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 19, 2015, 6,250 shares of restricted stock granted to Mr. Timon on August 19, 2013, which vest at a rate of 1/3 per year over three years, vested. Mr. Timon automatically surrendered 2,349 of the vested shares to the Company to satisfy the tax withholding obligations resulting 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 46,717 shares of unvested restricted stock.