SEC Form 4 · accession 0001209191-16-148399
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
Nov 2, 2016
Accepted (ET)
Nov 4, 2016 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000319815
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 2, 2016 | M | 15,254 | $0.00 | A | 218,044 | D |
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 | $0.00 | Nov 2, 2016 | M | 15,254 | D | — | — | Common Stock | 15,254 | 30,970 | D |
Explanation of responses
- F1These units do not carry a conversion price.
- F2This award represents restricted stock units with vesting subject to the achievement of Company performance targets. 33% of the award vested upon achievement of the first performance condition on November 2, 2016. The vesting of the remaining 67% of the award is subject to the achievement of a performance condition by December 31, 2019. 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.
- F3These units were received as a grant or award for no consideration.