SEC Form 4 · accession 0001209191-17-054027

Highpower International, Inc. · HPJ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO

Period of report

Sep 22, 2017

Accepted (ET)

Sep 26, 2017 · 5:31 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001368308

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2	Sep 22, 2017	A	20,000	$0.00	A	20,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Options (right to buy)^F4	$4.65	Sep 22, 2017	A	65,000	A	Sep 22, 2018	Sep 21, 2027	Common Stock	65,000	65,000	D
Employee Stock Options (right to buy)	$2.20	holding	—	—	—	Feb 12, 2018	Feb 12, 2027	Common Stock	15,000	15,000	D

F1Award of shares of restricted common stock (the "Shares") pursuant to the provisions of Issuer's 2008 Omnibus Incentive Plan.
F2The Shares vest over a three year period on the anniversary date of the grant at 30%, 30% and 40%, respectively. On the first anniversary of the grant, 30% of the Shares vest, and thereafter on each subsequent anniversary date of the grant,the Shares vest in equal installments on a 1/12th basis each month per year for the applicable percentage.
F3Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2008 Omnibus Incentive Plan.
F4The Options vest over a three year period on the anniversary date of the grant at 30%, 30% and 40%, respectively. On the first anniversary of the grant, 30% of the Options vest, and thereafter on each subsequent anniversary date of the grant,the Options vest in equal installments on a 1/12th basis each month per year for the applicable percentage.