4//SEC Filing
Donaghey John 4
Accession 0000950170-25-032810
CIK 0000927003other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 8:23 PM ET
Size
19.6 KB
Accession
0000950170-25-032810
Insider Transaction Report
Form 4
Donaghey John
EVP, Global Sales
Transactions
- Exercise/Conversion
Common Stock
2025-03-01+1,751→ 15,446 total - Exercise/Conversion
Restricted Stock Units
2025-03-01−2,613→ 5,224 total→ Common Stock (2,613 underlying) - Award
Restricted Stock Units
2025-03-01+7,163→ 7,163 totalExercise: $0.00→ Common Stock (7,163 underlying) - Award
Performance Units
2025-03-01+7,162→ 7,162 totalExercise: $0.00→ Common Stock (7,162 underlying) - Award
Phantom Stock
2025-03-01+862→ 862 total→ Common Stock (862 underlying) - Disposition to Issuer
Common Stock
2025-03-01−876→ 13,570 total - Tax Payment
Common Stock
2025-03-01$115.17/sh−1,000$115,170→ 14,446 total - Award
Phantom Stock
2025-03-01+876→ 1,752 total→ Common Stock (876 underlying)
Footnotes (7)
- [F1]On March 1, 2024, the reporting person was granted 7,837 restricted stock units ("RSUs") vesting in three equal installments beginning on the first anniversary of the grant date, of which the first installment vested on March 1, 2025. RSUs convert into common stock on a one-for-one basis. Of the 2,613 vested shares, reciept of 862 shares of common stock were deferred pursuant to the reporting person's election under the Company's deferred compensation plan. See reporting of 862 shares of Phantom Stock below.
- [F2]Payment of tax liability by withholding securities incident to vesting of RSUs.
- [F3]In connection with the March 1, 2025 vesting of RSUs previously granted on March 1, 2023 and reported in Table 1, the reporting person's receipt of 876 shares of common stock was deferred pursuant to the reporting person's election under the Company's deferred compensation plan (the "Plan"), resulting in the reporting person's receipt of 876 shares of phantom stock.
- [F4]Represents 4,004 shares of unvested restricted stock units and 9,566 shares of common stock.
- [F5]These employee RSUs were issued pursuant to the Company's Amended and Restated 2023 Omnibus Incentive Plan ("LTI Plan") and will vest in three equal installments beginning on the first anniversary of the grant date.
- [F6]These performance share awards were issued pursuant to the LTI Plan at 100% of target, have a three-year performance 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 three-year performance period will be canceled.
- [F7]Each share of phantom stock represents a right to receive one share of common stock or the cash value thereof. Shares of phantom stock become payable in accordance with the reporting person's distribution elections made pursuant to the Plan or upon the reporting person's termination of service, death, or disability. Subject to certain timing restrictions, the reporting person may transfer some or all of the shares of phantom stock into alternative investments under the terms of the Plan.
Documents
Issuer
ADVANCED ENERGY INDUSTRIES INC
CIK 0000927003
Entity typeother
Related Parties
1- filerCIK 0001940410
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 8:23 PM ET
- Size
- 19.6 KB