QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. 4
4 · QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. · Filed Jun 2, 2015
Insider Transaction Report
Form 4
OLSON W BRIAN
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2015-05-29$2.84/sh−5,562$15,796→ 93,269 total
Footnotes (2)
- [F1]On May 29, 2015, 14,800 shares of restricted stock granted to Mr. Olson on May 29, 2014, which vest at a rate of 1/3 per year over three years, vested. Mr. Olson automatically surrendered _5,562 of the vested shares to the Company to satisfy the tax withholding obligations arising from the vesting of the restricted stock. The surrender of the shares is an exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
- [F2]Includes 59,183 shares of unvested restricted stock.