4//SEC Filing
Pierce Frank R. 4
Accession 0001181431-11-015665
CIK 0001043186other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:01 PM ET
Size
15.3 KB
Accession
0001181431-11-015665
Insider Transaction Report
Form 4
Pierce Frank R.
Senior Vice President, CFO
Transactions
- Exercise/Conversion
Common Stock
2011-02-28+127→ 127 total - Award
Restricted Stock Units Dated February 28, 2011
2011-02-28+6,000→ 6,000 total→ Common Stock (6,000 underlying) - Award
Restricted Stock Units Dated February 28, 2011
2011-02-28+1,500→ 1,500 total→ Common Stock (1,500 underlying) - Disposition to Issuer
Restricted Stock Units Dated September 15, 2010
2011-02-28−126→ 379 total→ Common Stock (126 underlying) - Disposition to Issuer
Restricted Stock Units Dated September 15, 2010
2011-02-28−1,643→ 379 total→ Common Stock (1,643 underlying) - Exercise/Conversion
Common Stock
2011-02-28+126→ 253 total
Footnotes (4)
- [F1]506 restricted stock units granted in 2010 vested on the transaction date based on achievement of 2010 performance criteria and 1516 restricted stock units were cancelled. 127 of the vested restricted stock units converted to common stock on a one-for-one basis on the transaction date. One-third of the remaining restricted stock units convert to common stock on a one-to-one basis annually on February 28, 2012, 2013 and 2014, subject to a continuing employment requirement.
- [F2]Represents an incentive compensation award. Vesting of the award is subject to attainment of 2011 performance criteria. Vested restricted stock units convert into common stock on a one-to one basis in four equal annual installments from the transaction date, subject to a continuing employment requirement.
- [F3]Represents an incentive compensation award. Converts into common stock on a one-to one basis in four equal annual installments from the transaction date, subject to a continuing employment requirement.
- [F4]126 restricted stock units granted in 2010 converted to common stock on a one-for-one basis on the transaction date. The remaining restricted stock units convert to common stock on a one-to-one basis in equal installments on February 28, 2012, 2013 and 2014, subject to a continuing employment requirement.
Documents
Issuer
American Electric Technologies Inc
CIK 0001043186
Entity typeother
Related Parties
1- filerCIK 0001501528
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:01 PM ET
- Size
- 15.3 KB