SEC Form 4 · accession 0001209191-16-102963
POWELL INDUSTRIES INC · POWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen W Seale Jr.
Director
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000080420
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 24, 2016 | A | 2,000 | $0.00 | A | 7,117 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted common stock granted under the Company's Non-Employee Director Equity Incentive Plan that vests in two equal installments, 50% on first anniversary from the date of the grant, remaining 50% on the second anniversary from the date of the grant.
- F2Includes 3,000 shares of restricted stock that have time-based vesting provisions.