4//SEC Filing
CLEAN DIESEL TECHNOLOGIES INC 4
Accession 0001179110-15-016677
CIK 0000949428operating
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 7:16 PM ET
Size
15.5 KB
Accession
0001179110-15-016677
Insider Transaction Report
Form 4
Harris Christopher Jay
President
Transactions
- Exercise/Conversion
Common Stock
2015-12-18+6,374→ 29,306 total - Exercise/Conversion
Common Stock
2015-12-18+9,221→ 38,527 total - Exercise/Conversion
Restricted Share Units
2015-12-18−9,221→ 0 total→ Common Stock (9,221 underlying) - Exercise/Conversion
Restricted Share Units
2015-12-18−6,374→ 0 total→ Common Stock (6,374 underlying)
Footnotes (4)
- [F1]Shares of Common Stock acquired upon settlement of Restricted Share Units (RSUs) granted on March 20, 2013 and March 13, 2014, pursuant to the Clean Diesel Technologies, Inc. (CDTI) Stock Incentive Plan and accelerated on December 11, 2015 pursuant to a Separation Agreement and Release, the settlement of which was delayed until December 18, 2015.
- [F2]Each RSU represents a contingent right to receive one share of CDTI's common stock.
- [F3]RSUs vest as to 1/3 on each the first, second and third anniversaries of the grant date. Issuance will occur on vest date subject to compliance with Issuer's Insider Trading Policy and all applicable requirements of federal, state or foreign law with respect to such securities. RSUs that have not vested at the time of the reporting person's termination of service, for any or no reason other than death, will be forfeited.
- [F4]RSUs vest as to 4,610 shares on March 20, 2015; 4,611 shares on March 20, 2016; and 4,610 shares on March 20, 2017. Issuance to occur as soon as practicable following the date of vesting and subject to compliance with Issuer's Insider Trading Policy, but in all cases within two and one-half months following the end of the Issuer's tax year that includes the date such RSUs vest. RSUs that have not vested at the time of the reporting person's termination of service, for any or no reason other than death or change in control, will be forfeited.
Documents
Issuer
CLEAN DIESEL TECHNOLOGIES INC
CIK 0000949428
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000949428
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 7:16 PM ET
- Size
- 15.5 KB