QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. 4
4 · QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. · Filed Aug 21, 2015
Insider Transaction Report
Form 4
Arold Mark
Vice President
Transactions
- Tax Payment
Common Stock
2015-08-19$1.42/sh−2,349$3,336→ 63,992 total
Footnotes (2)
- [F1]On August 19, 2015, 6,250 shares of restricted stock granted to Mr. Arold on August 19, 2013, which vest at a rate of 1/3 per year over three years, vested. Mr. Arold automatically surrendered 2,349 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 46,717 shares of unvested restricted stock.