SEC Form 4 · accession 0001209191-16-131842
POWELL INDUSTRIES INC · POWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Brett Alan Cope
Officer — Sr VP, COO
Period of report
Feb 23, 2016
Accepted (ET)
Jul 6, 2016 · 6:33 pm EDT
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 | 1,700 | $0.00 | D | 11,503 | D | |
| Common StockF2 | Feb 23, 2016 | A | 5,600 | $0.00 | A | 17,103 | D | |
| Common StockF3 | Jul 1, 2016 | A | 5,000 | $0.00 | A | 22,103 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction 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 award.
- 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.
- F3Represents time-based RSUs that vests 100% on the third anniversary date from the date of grant.