SEC Form 4 · accession 0001209191-16-095464
ADVANCED ENERGY INDUSTRIES INC · AEIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas O McGimpsey
Officer — EVP Gen Counsel & Corp Sec
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 6:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000927003
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 1, 2016 | M | 4,663 | $14.52 | A | 20,809 | D | |
| Common StockF1,F2 | Feb 1, 2016 | S | 4,663 | $27.4649 | D | 16,146 | D | |
| Common StockF3 | Feb 1, 2016 | A | 7,598 | $27.58 | A | 23,744 | D | |
| Common StockF4,F5 | Feb 1, 2016 | F | 2,408 | $27.58 | D | 21,336 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1,F2 | $14.52 | Feb 1, 2016 | M | 4,663 | D | Feb 15, 2015 | Feb 15, 2021 | Common Stock | 4,663 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan.
- F2The price reported in Column 4 is an average price. These shares sold in multiple transactions at prices ranging from $27.33 to $27.68. The reporting person undertakes to provide to Advanced Energy, any security holder of Advanced Energy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set for the in this footnote.
- F3These performance awards were reported voluntarily 2/1/2015. The 2015 performance metrics were met under the LTI Plan and the shares were approved for release by the Compensation Committee 2/1/2016
- F4Payment of tax liability by witholding securities incident to vesting of restricted stock.
- F5Represents 16,146 shares of Restricted Stock units (RSUs) and 5,190 shares of Performance shares. As of the transaction date, the Restricted Stock Units have vested as to 12,347 shares.