SEC Form 4 · accession 0001209191-16-091898
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
Jan 15, 2016
Accepted (ET)
Jan 19, 2016 · 7:58 am EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | Jan 15, 2016 | A | 17,720 | A | — | — | Common Stock | 17,720 | 17,720 | D |
| Market Stock UnitsF3,F4,F5 | — | Jan 15, 2016 | A | 35,440 | A | — | — | Common Stock | 35,440 | 35,440 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of the Issuer's common stock.
- F2Award vests 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.
- F3These units were received as a grant or award for no consideration.
- F4Each market stock unit represents a right to receive one share of the Issuer's common stock.
- F5This award represents market stock units with vesting based on performance of the Company's common stock compared to the Nasdaq Composite Index over overlapping performance periods of up to three years. Depending on the level of performance actually achieved, the number of shares that may vest under this award will vary. The number of shares included in the table above represents the maximum number that could vest under the award.