ACTIVE POWER INC 4
4 · ACTIVE POWER INC · Filed Nov 19, 2013
Insider Transaction Report
Form 4
ACTIVE POWER INCACPW
Schrader-Hausmann Uwe
VP of Technical Services
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-11-18−563→ 5,060 total→ Common Stock (563 underlying) - Tax Payment
Common Stock
2013-11-18$2.94/sh−271$797→ 5,083 total - Exercise/Conversion
Common Stock
2013-11-18+563→ 5,354 total
Footnotes (3)
- [F1]Shares issued upon 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 05/17/2012. Vested shares are delivered to the reporting person as soon as practicable, 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 the (ii) calendar year, which in either case includes the vesting date.