SEC Form 4 · accession 0001209191-17-026844
MAXWELL TECHNOLOGIES INC · MXWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Lyle
Officer — Chief Financial Officer
Period of report
Apr 12, 2017
Accepted (ET)
Apr 13, 2017 · 3:38 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3,F2 | $0.00 | Apr 12, 2017 | A | 80,000 | A | — | — | Common Stock | 80,000 | 80,000 | 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. 40,000 RSUs are subject to vesting by December 31, 2017 and the remaining 40,000 RSUs are subject to vesting on December 31, 2018.
- F3These units were received as a grant or award for no consideration.