ACTIVE POWER INC 4
4 · ACTIVE POWER INC · Filed Jun 4, 2013
Insider Transaction Report
Form 4
ACTIVE POWER INCACPW
Milner J Douglas
DirectorPresident and Chief Executive
Transactions
- Exercise/Conversion
Common Stock
2013-06-03+3,125→ 12,318 total - Tax Payment
Common Stock
2013-06-03$4.42/sh−827$3,655→ 11,491 total - Exercise/Conversion
Restricted Stock Units
2013-06-03−3,125→ 34,375 total→ Common Stock (3,125 underlying)
Holdings
- 12,000(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]All amounts included herein have been adjusted to reflect the reverse stock split of Active Power, Inc.'s outstanding Common Stock at a reverse split ratio of five-for-one effective as of 5:00 p.m. EST on December 21, 2012.
- [F2]Shares issued upon the vesting of restricted stock units.
- [F3]Shares held by Donna S. Milner Trust, Donna and John Milner Jr., trustees.
- [F4]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F5]With continued service, 25% of the restricted stock units vested on 3/1/2013, and the balance shall vest in a series of twelve equal quarterly installments upon the completion of each additional quarter of service through 3/1/2016. Vested shares will be 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 (i) the fiscal year or (ii) the calendar year, which in either case includes the vesting date.