SEC Form 4 · accession 0001567619-19-004906
Evoqua Water Technologies Corp. · AQUA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Snehal Desai
Officer — Chief Growth Officer
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604643
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 14, 2019 | A | 15,785 | $0.00 | A | 26,360 | D | |
| Common StockF3 | holding | — | — | — | 352 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $12.67 | Feb 14, 2019 | A | 38,961 | A | — | Feb 14, 2029 | Common Stock | 38,961 | 38,961 | D |
Explanation of responses
- F1The reported transaction is an award of restricted stock units in respect of the issuer's common stock. Subject to the reporting person's continued employment with the issuer through the applicable vesting date, (i) 11,839 of these restricted stock units are scheduled to vest in equal installments on each of January 1, 2020, January 1, 2021, January 1, 2022 and January 1, 2023 and settle within 30 days of the applicable vesting date and (ii) 3,946 of these restricted stock units are scheduled to vest in full on February 14, 2020 and settle within 30 days thereafter.
- F2This amount includes 15,785 unvested restricted stock units in respect of the issuer's common stock. These restricted stock units are scheduled to vest as described in footnote 1 to this Form 4.
- F3These shares are held by the reporting person's son. The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F4Subject to the reporting person's continued employment with the issuer through the applicable vesting date, this option is scheduled to vest in equal installments on each of January 1, 2020, January 1, 2021, January 1, 2022 and January 1, 2023.