SEC Form 4 · accession 0001209191-16-107596
POWELL INDUSTRIES INC · POWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don R Madison
Officer — Executive Vice President, CFO
Period of report
Feb 23, 2016
Accepted (ET)
Mar 10, 2016 · 4:25 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 Stock | Feb 23, 2016 | D | 3,700 | $0.00 | D | 56,388 | D | |
| Common StockF2 | Feb 23, 2016 | A | 5,600 | $0.00 | A | 61,988 | D | |
| Common Stock | holding | — | — | — | 975 | I | 401(k) Shares |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The two reported transactions involved an amendment of an outstanding grant of RSU awards that were originally granted on October 1, 2015, resulting in the deemed cancellation and regrant of the awards.
- F2Represents time-based RSU awards that will vest in three equal annual installments on the first, second and third anniversaries of October 1, 2015, subject to the Reporting Person's continued employment with the Company.