SEC Form 4 · accession 0001209191-17-035145
MAXWELL TECHNOLOGIES INC · MXWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Bilodeau
Director
Period of report
May 22, 2017
Accepted (ET)
May 24, 2017 · 7:52 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,F2,F3 | $0.00 | May 22, 2017 | A | 15,370 | A | — | — | Common Stock | 15,370 | 15,370 | D |
| Stock Option (Right to Buy)F4 | $5.53 | May 22, 2017 | A | 5,000 | A | — | May 22, 2027 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a right to receive one share of the Issuer's common stock.
- F2The RSUs vest in full on May 20, 2018 as long as the holder remains in service to the Company. Vested shares will be delivered to the reporting person on the earlier of February 20, 2022, the reporting person's death or a change in control of the Company.
- F3These units do not expire.
- F4Option becomes exercisable in one year as long as holder remains in service to the Company.