SEC Form 4 · accession 0001209191-15-027253
MAXWELL TECHNOLOGIES INC · MXWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Humphrey
Officer — VP of Marketing and Bus. Dev.
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 6:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000319815
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2,F1 | $7.33 | Mar 13, 2015 | A | 18,063 | A | — | Mar 13, 2025 | Common Stock | 18,063 | 18,063 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Mar 13, 2015 | A | 9,413 | A | — | — | Common Stock | 9,413 | 9,413 | D |
| Restricted Stock UnitsF2,F3,F5 | — | Mar 13, 2015 | A | 25,102 | A | — | — | Common S | 25,102 | 25,102 | D |
Explanation of responses
- F1Option becomes exercisable in annual installments over 4 years as long as holder remains in service to the Company.
- F2These units were received as a grant or award for no consideration.
- F3Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuer's common stock.
- F4Award vests in in annual installments over 4 years as long as holder remains in service to the Company. Vested shares will be delivered to the holder shortly after the vesting date.
- F5This acquisition represents a restricted stock unit with vesting subject to the achievement of Company performance targets by December 31, 2017. Depending on the level of performance actually achieved, the number of shares that may vest under this grant will vary. The amount included in the table above represents the maximum number of shares that could vest under the grant.