Brown Lisa M 4
4 · ACTIVE POWER INC · Filed Feb 21, 2013
Insider Transaction Report
Form 4
ACTIVE POWER INCACPW
Brown Lisa M
VP of Marketing & Cust Service
Transactions
- Tax Payment
Common Stock
2013-02-19$4.84/sh−184$891→ 4,904 total - Exercise/Conversion
Common Stock
2013-02-19+563→ 5,088 total - Exercise/Conversion
Restricted Stock Units
2013-02-19−563→ 6,749 total→ Common Stock (563 underlying)
Footnotes (3)
- [F1]Shares issued upon the vesting of restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F3]With continued service, the restricted stock units, representing a right to receive a total of 9,000 shares, vest in a series of sixteen equal quarterly installments upon the completion of each quarter beginning on 5/17/2012. Vested shares are delivered to the reporting person as soon as practicable after vesting, but in each case within the period ending no later than the later of the 15th day of the 3rd month following the end of the (i) fiscal year or (ii) calendar year, which in either case includes the vesting date.