SEC Form 4 · accession 0001209191-18-007996
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, 2018
Accepted (ET)
Feb 6, 2018 · 6:57 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, 2018 | F | 868 | $69.69 | D | 44,354 | D | |
| Common StockF2 | Feb 2, 2018 | A | 4,822 | $0.00 | A | 49,176 | D | |
| Common StockF1,F3 | Feb 5, 2018 | F | 1,903 | $66.00 | D | 47,273 | 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, 2018 | A | 9,645 | A | — | — | Common Stock | 9,645 | 9,645 | D |
Explanation of responses
- F1Payment of tax liability by witholding securities incident to vesting of restricted stock units.
- F2The employee Restricted Stock units granted 2/2/2018 under the Company's 2018 Long Term Incentive Plan (LTI Plan) will vest in three equal installments beginning on the first anniversary of the grant date.
- F3Represents 23,014 shares of Restricted Stock units and 6,166 shares of Performance Stock Units and 18,093 shares of common stock.
- F4These performance share awards were issued under the 2018 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.