4//SEC Filing
Robuck Kenneth W 4
Accession 0001181431-11-021820
CIK 0001136294other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:35 PM ET
Size
7.4 KB
Accession
0001181431-11-021820
Insider Transaction Report
Form 4
Robuck Kenneth W
SVP & President of Services
Transactions
- Award
Common Stock, $0.01 par value per share
2011-03-31+22,815→ 155,812 total - Tax Payment
Common Stock, $0.01 par value per share
2011-03-31$27.50/sh−14,807$407,193→ 141,005 total
Footnotes (2)
- [F1]Reflects the award of common stock pursuant to awards of performance-based restricted stock units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc. (the "Company"), granted on each of June 23, 2008, February 9, 2009 and March 23, 2010 pursuant to the Company's 2008 Management Incentive Plan. Pursuant to the terms of the awards, 22,814, 13,655 and 5,555 of the restricted stock units will vest on March 31, 2012, 2013, and 2014, respectively, subject to the Company's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2011, 2012 and 2013, and further subject to continued employment through the vesting date. The performance criteria for 2010 were met, resulting in the vesting of 22,815 restricted stock units. Any units that do not vest will be forfeited. (All numbers are as adjusted for the 1-for-9 reverse stock split effected June 30, 2010.)
- [F2]Reflects withholding of shares by the Company to offset the tax liability resulting from the vesting on March 31, 2011 of restricted stock units as reported in this Form 4.
Documents
Issuer
GLOBAL POWER EQUIPMENT GROUP INC.
CIK 0001136294
Entity typeother
Related Parties
1- filerCIK 0001495359
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:35 PM ET
- Size
- 7.4 KB