ACTIVE POWER INC 4
4 · ACTIVE POWER INC · Filed Mar 1, 2016
Insider Transaction Report
Form 4
ACTIVE POWER INCACPW
Powers James
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2016-02-25+80,000→ 80,000 totalFrom: 2018-02-25→ Common Stock (80,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]With continued service, 100% of shares shall vest on February 25, 2018; or upon an earlier Change in Control (as defined in the Company's Amended and Restated 2010 Equity Incentive Plan), 100% of shares shall immediately vest and all restrictions shall lapse immediately prior to the consummation of any Change in Control. Vested shares will be delivered to the reporting person as soon as practicable after vesting.