SEC Form 4 · accession 0001209191-16-096525
ADVANCED ENERGY INDUSTRIES INC · AEIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William George Trupkiewicz
Officer — Chief Accounting Officer
Period of report
Feb 4, 2016
Accepted (ET)
Feb 8, 2016 · 7:53 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 4, 2016 | A | 2,198 | $0.00 | A | 6,625 | D | |
| Common StockF2,F3 | Feb 5, 2016 | F | 147 | $27.76 | D | 6,478 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF4 | $0.00 | Feb 4, 2016 | A | 0 | A | — | — | Common Stock | 4,396 | 4,396 | D |
Explanation of responses
- F1Employee Restricted Stock Units granted on 2/4/2016 under the Company's 2016 Long Term Incentive Plan (LTI Plan) will vest in three equal installments beginning on the first anniversary date of the grant.
- F2Payment of tax liability by withholding securities incident to vesting of restricted stock.
- F3Represents 4,989 shares granted as Restricted Stock Units (RSUs) and 1,489 shares of Performance Shares. As of the transaction date, the restricted stock units have vested as to 2,000 shares
- F4These performance share awards were issued under the 2016 LTI Plan at 200% of target and have a 3-year vest period and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3 year period will be cancelled.