SEC Form 4 · accession 0001209191-16-118142
ADVANCED ENERGY INDUSTRIES INC · AEIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grant H Beard
Director
Period of report
May 5, 2016
Accepted (ET)
May 6, 2016 · 4:49 pm EDT
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,F2 | May 5, 2016 | A | 8,000 | $34.55 | A | 46,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The restricted stock units granted on May 5, 2016 will vest 100% at the anniversary of the grant date. This is an annual non-employee director grant as outlined in the 2016 proxy.
- F2Mr. Beard has been granted a total of 26,000 shares in three grants; (A) 10,000 RSUs granted May 8, 2014 which vest annually in in 4 equal installments on each anniversary of the grant date until fully vested; (B) 8,000 RSUs granted 5/7/2015 and (C) 8,000 RSUs granted 5/5/2016. A & B vest 100% at the anniversary of the grant date. December 8, 2014 he purchased 10,000 shares and March 30, 2016, he purchased an additional 10,000 shares as part of two 10b5-1 plans. As of the reporting date, 2,500 shares have vested and he holds 22,500 shares in street name.