SEC Form 4 · accession 0001209191-17-045349
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
Jul 13, 2017
Accepted (ET)
Jul 17, 2017 · 4:34 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 | Jul 13, 2017 | A | 42,662 | $0.00 | A | 308,592 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Stock UnitsF4,F2,F3 | $0.00 | Jul 13, 2017 | A | 118,000 | A | — | — | Common Stock | 118,000 | 276,000 | D |
Explanation of responses
- F1This acquisition represents shares received under the Company's short-term incentive bonus plan.
- F2Each market stock unit represents a right to receive one share of the Issuer's common stock.
- F3This award represents market stock units with vesting based on performance of the Company's common stock compared to the Nasdaq Composite Index over a period of three years. Depending on the level of performance actually achieved, the number of shares that may vest under this award will vary. The amount included in the table above represents a portion of the grant originally made to the Reporting Person on March 2, 2017, but was contingent upon the approval of an amendment to the Company's equity incentive plan at our 2017 annual meeting of stockholders. The market stock units included in the table above will only be eligible to vest if performance is above-target.
- F4These units were received as a grant or award for no consideration.