Andrews Van M. 4
4 · MAXWELL TECHNOLOGIES INC · Filed Feb 11, 2013
Insider Transaction Report
Form 4
Andrews Van M.
SVP, Sales & Marketing
Transactions
- Tax Payment
Common Stock
2012-02-08$20.65/sh−530$10,945→ 21,779 total - Sale
Common Stock
2013-02-08$10.75/sh−560$6,020→ 21,219 total
Footnotes (2)
- [F1]This transaction occurred on February 8, 2012, but was erroneously omitted from the Form 4 filed on February 9, 2012.These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the release of the holders' restricted stock award. These shares retained by the Company are retired and the amount was not excess of the amount of the tax liability.
- [F2]These shares were sold in the open market in order to meet the tax withholding obligations of the award holder in connection with the vesting of the holder's restricted stock award.