QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. 4
4 · QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. · Filed Jun 2, 2015
Insider Transaction Report
Form 4
TIMON BRADLEY J
Controller
Transactions
- Tax Payment
Common Stock
2015-05-29$2.84/sh−3,754$10,661→ 85,758 total
Footnotes (2)
- [F1]On May 29, 2015, 10,233 shares of restricted stock granted to Mr. Timon on May 29, 2014, which vest at a rate of 1/3 per year over three years, vested. Mr. Timon automatically surrendered 3,754 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 35,467 shares of unvested restricted stock.