SEC Form 4 · accession 0001209191-17-008169
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 2, 2017
Accepted (ET)
Feb 6, 2017 · 8:29 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 2, 2017 | A | 5,422 | $0.00 | A | 23,239 | D | |
| Common StockF2,F3 | Feb 6, 2017 | F | 2,086 | $61.19 | D | 21,153 | 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 2, 2017 | A | 10,845 | A | — | — | Common Stock | 10,845 | 10,845 | D |
Explanation of responses
- F1The employee Restricted Stock units granted 2/2/2017 under the Company's 2017 Long Term Incentive Plan (LTI Plan) will vest in three equal installments beginning on the first anniversary of the grant date.
- F2Payment of tax liability by witholding securities incident to vesting of restricted stock.
- F3Represents 15,963 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 3,120 shares.
- F4These performance share awards were issued under the 2017 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.