SEC Form 4 · accession 0001209191-15-052776
POWERSECURE INTERNATIONAL, INC. · POWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Kent Geer
Director · Other
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000882154
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 10, 2015 | A | 1,614 | $0.00 | A | 30,202 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jun 10, 2015 | A | 1,614 | A | — | — | Common Stock | 1,614 | 1,614 | D |
Explanation of responses
- F1Part of annual director equity grant, vesting in four equal quarterly installments through June 10, 2016.
- F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the Issuer.
- F3Part of annual director equity grant, vesting in four equal quarterly installments through June 10, 2016. Settlement of the RSUs and delivery of vested shares will occur upon termination of service as a director.