Home/Filings/4/0001179110-19-000211
4//SEC Filing

Evans Hugh M 4

Accession 0001179110-19-000211

CIK 0001422841other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 4:21 PM ET

Size

10.7 KB

Accession

0001179110-19-000211

Insider Transaction Report

Form 4
Period: 2018-12-31
Evans Hugh M
Director
Transactions
  • Exercise/Conversion

    Deferred Compensation - Phantom Share Unit

    2018-12-311,744.90 total
    Ordinary Shares (1,744.9 underlying)
  • Exercise/Conversion

    Ordinary Shares

    2018-12-31+1,74449,776 total
  • Award

    Deferred Compensation - Phantom Share Unit

    2019-01-02$20.01/sh+629.69$12,600629.69 total
    Ordinary Shares (629.69 underlying)
Footnotes (5)
  • [F1]On December 31, 2018, pursuant to the Issuer's Independent Directors' Deferred Compensation Program (the "Program") which was established under the Issuer's 2016 Share Option and Incentive Plan (the "Plan"), 1,744.90 phantom shares units held by the reporting person vested and were automatically converted into 1,744 ordinary shares of the Issuer, (the "Ordinary Shares"), plus $17.00 in cash in lieu of any fractional Ordinary Shares, based on the Issuer's closing share price as reported on The New York Stock Exchange on December 31, 2018.
  • [F2]Each phantom share unit (which is in the form of a deferred compensation share unit) is the economic equivalent of one ordinary share of the Issuer.
  • [F3]Represents the number of phantom share units credited to the reporting person's deferred account pursuant to the Program. The number of whole and fractional phantom share units credited to the reporting person's deferred account is equal to 120% of the aggregate deferred cash fees that would otherwise be payable on such date divided by the closing price of the Issuer's ordinary shares on the award date.
  • [F4]Whole and fractional phantom share units credited to the reporting person's deferred account shall be settled in ordinary shares and cash, respectively, upon the earlier of the reporting person's death, disability, separation from the board, sale event (as defined in the Plan) or December 31, 2018.
  • [F5]Whole and fractional phantom share units credited to the reporting person's deferred account shall be settled in ordinary shares and cash, respectively, upon the earlier of the reporting person's death, disability, separation from the board, sale event (as defined in the Plan) or December 31, 2020.

Issuer

AquaVenture Holdings Ltd

CIK 0001422841

Entity typeother

Related Parties

1
  • filerCIK 0001686408

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:21 PM ET
Size
10.7 KB