SEC Form 4 · accession 0001209191-19-013567
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
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:42 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 22, 2019 | A | 3,181 | $51.94 | A | 42,011 | D | |
| Common StockF2 | Feb 22, 2019 | F | 921 | $51.94 | D | 41,090 | D | |
| Common StockF3,F4 | Feb 22, 2019 | A | 6,945 | $0.00 | A | 48,035 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF5 | $0.00 | Feb 22, 2019 | A | 13,891 | A | — | — | Common Stock | 13,891 | 13,891 | D |
Explanation of responses
- F1These performance stock units were reported voluntarily 2/8/2016. Certain 2016 Revenue performance metrics were met under the LTI Plan and the shares were approved for release at 68.9 percent by the Board of Directors. The unvested shares were cancelled.
- F2Payment of tax liability by witholding securities incident to vesting of performance stock units.
- F3Employee Restricted Stock units granted 2/22/2019 under the Company's 2019 Long Term Incentive Plan (LTI Plan) will vest in three equal installments beginning on the first anniversary of the grant date.
- F4Represents 11,966 shares of Restricted Stock units and 36,069 shares of common stock.
- F5These performance share awards were issued under the 2019 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.