SEC Form 4 · accession 0001209191-18-030906
MAXWELL TECHNOLOGIES INC · MXWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rick Bergman
Director
Period of report
May 15, 2018
Accepted (ET)
May 17, 2018 · 4:23 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,F4 | $0.00 | May 15, 2018 | A | 19,785 | A | — | — | Common Stock | 19,785 | 19,785 | D |
| Stock Option (Right to Buy)F5 | $5.37 | May 15, 2018 | A | 5,000 | A | — | May 15, 2028 | 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.
- F2This RSU grant represents the holder's annual non-employee director award, including an additional prorated amount to account for a change in the grant date of such annual award to be made in connection with the Company's annual meeting date.
- F3The RSUs vest in full on the earlier of: (1) May 20, 2019 or (2) the Company's 2019 annual meeting date; 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, 2021, termination of the reporting person's service to the Company, the reporting person's death or a change in control of the Company.
- F4These units do not expire.
- F5Option becomes exercisable on the earlier of: (1) May 20, 2019 or (2) the Company's 2019 annual meeting date; as long as holder remains in service to the Company.