SEC Form 4 · accession 0001209191-16-101037
MAXWELL TECHNOLOGIES INC · MXWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Franz Fink
Officer — Chief Executive Officer · Director
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 5:26 pm 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 UnitsF1,F3,F2 | $0.00 | Feb 18, 2016 | A | 46,224 | A | — | — | Common Stock | 46,224 | 46,224 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) represents a right to receive one share of the Issuer's common stock.
- F2This award represents restricted stock units with vesting subject to the achievement of specific performance targets. The number of shares and timing of vesting under this grant will vary depending on performance achievement. 33% of the RSUs are subject to vesting by December 31, 2016 and the remaining 67% of the RSUs are subject to vesting by December 31, 2019.
- F3These units were received as a grant or award for no consideration.