SEC Form 4 · accession 0001209191-15-041870
WESTPORT FUEL SYSTEMS INC. · WPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Kevin Douglas
10% Owner · Other
DOUGLAS FAMILY TRUST
10% Owner · Other
JAMES & JEAN DOUGLAS IRREVOCABLE DESCENDANTS TRUST
10% Owner · Other
James E Douglas III
10% Owner · Other
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 6:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001370416
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 8, 2015 | P | 39,725 | $5.69 | A | 3,553,745 | D | |
| Common StockF2,F3 | May 8, 2015 | P | 32,773 | $5.69 | A | 3,478,179 | I | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| Common StockF2,F4 | May 8, 2015 | P | 16,883 | $5.69 | A | 1,816,268 | I | By Douglas Family Trust |
| Common StockF2,F3 | May 8, 2015 | P | 9,932 | $5.69 | A | 1,046,778 | I | By James E. Douglas III |
| Common StockF1,F2 | May 11, 2015 | P | 60,275 | $6.02 | A | 3,614,020 | D | |
| Common StockF2,F3 | May 11, 2015 | P | 49,727 | $6.02 | A | 3,527,906 | I | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| Common StockF2,F4 | May 11, 2015 | P | 25,617 | $6.02 | A | 1,841,885 | I | By Douglas Family Trust |
| Common StockF2,F5 | May 11, 2015 | P | 15,068 | $6.02 | A | 1,061,846 | I | By James E. Douglas III |
| Common StockF2,F6 | holding | — | — | — | 52,902 | I | By KGD 2012 Trust | |
| Common StockF2,F7 | holding | — | — | — | 52,902 | I | By MMD 2012 Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.
- F2Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.
- F3These shares are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust.
- F4These shares are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas, Jr. and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust.
- F5These shares are held directly by James E. Douglas III and indirectly by Kevin Douglas.
- F6These shares are held by the KGD 2012 Trust, of which Kevin Douglas is the settlor and has the right to substitute property of equivalent value in return for the shares held by the KGD 2012 Trust, and indirectly by Kevin Douglas.
- F7These shares are held by the MMD 2012 Trust, of which Michelle Douglas is the settlor and has the right to substitute property of equivalent value in return for the shares held by the MMD 2012 Trust, and indirectly by Michelle Douglas and Kevin Douglas.