SEC Form 4 · accession 0001209191-15-052780
POWERSECURE INTERNATIONAL, INC. · POWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J. Madden III
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000882154
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 | — | Jun 10, 2015 | A | 3,228 | A | — | — | Common Stock | 3,228 | 3,228 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the Issuer.
- F2Annual director equity grant, vesting in four equal quarterly installments through June 10, 2016. Settlement of the RSUs and delivery of vested shares will occur on the later of the third anniversary of the grant date or upon termination of service as a director.