4//SEC Filing
O'Neill Brian 4
Accession 0001179110-19-002271
CIK 0001422841other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 6:09 PM ET
Size
14.7 KB
Accession
0001179110-19-002271
Insider Transaction Report
Form 4
O'Neill Brian
Director
Transactions
- Exercise/Conversion
Ordinary Shares
2019-02-19+3,613→ 16,324 total - Exercise/Conversion
Deferred Compensation - Phantom Share Unit
2019-02-19−3,613.57→ 0 total→ Ordinary Shares (3,613.57 underlying) - Exercise/Conversion
Ordinary Shares
2019-02-19+674→ 16,998 total - Exercise/Conversion
Deferred Compensation - Phantom Share Unit
2019-02-19−674.66→ 0 total→ Ordinary Shares (674.66 underlying) - Disposition to Issuer
Deferred Compensation - Phantom Share Unit
2019-02-19−9,245→ 0 total→ Ordinary Shares (9,245 underlying)
Footnotes (7)
- [F1]On February 19, 2019, 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"), 3,613.57 phantom shares units held by the reporting person vested and were automatically converted into 3,613 ordinary shares of the Issuer, (the "Ordinary Shares"), plus $12.40 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 February 19, 2019.
- [F2]On February 19, 2019, pursuant to the Program which was established under the Plan, 674.66 phantom shares units held by the reporting person vested and were automatically converted into 674 Ordinary Shares, plus $14.36 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 February 19, 2019.
- [F3]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.
- [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, 2019. Mr. O'Neill separated from the board, effective February 19, 2019.
- [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. Mr. O'Neill resigned from the board, effective February 19, 2019.
- [F6]On February 19, 2019, pursuant to the Program which was established under the Plan, 9,245 phantom shares units held by the reporting person were forfeited upon his resignation from the board.
- [F7]As of February 19, 2019, all of these phantom share units were forfeited and none remain eligible for future vesting.
Documents
Issuer
AquaVenture Holdings Ltd
CIK 0001422841
Entity typeother
Related Parties
1- filerCIK 0001686320
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 6:09 PM ET
- Size
- 14.7 KB