QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. 4
4 · QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. · Filed Jun 15, 2015
Insider Transaction Report
Form 4
Lombardo Kenneth R
General Counsel, VP-Legal, Sec
Transactions
- Award
Common Stock
2015-06-11+11,250→ 50,692 total - Tax Payment
Common Stock
2015-06-11$2.69/sh−384$1,033→ 39,442 total - Award
Stock Option (Right to Buy)
2015-06-11+4,000→ 4,000 totalExercise: $2.69From: 2016-06-11Exp: 2025-06-11→ Common Stock (4,000 underlying)
Footnotes (5)
- [F1]On June 11, 2015, 1,250 shares of restricted stock granted to Mr. Lombardo on June 11, 2012 vested. Mr. Lombardo automatically surrendered 340 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 23,526 shares of unvested restricted stock.
- [F3]Grant of restricted stock under the Company's 2011 Stock Incentive Plan. The shares vest ratably over a three year period beginning on June 11, 2016.
- [F4]Includes 34,776 shares of unvested restricted stock.
- [F5]Grant of stock options under the Company's 2011 Stock Incentive Plan. The options vest ratably over a four year period beginning on June 11, 2016.